BitcoinWarrior

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Coinbase CEO Brian Armstrong: ‘Ditch your JPMorgan Chase accounts’

Published by
City AM

By Darren Parkin The head of one of the largest cryptocurrency exchanges in the world has urged UK customers of JPMorgan Chase to close their accounts in protest at the retail bank’s upcoming ban on crypto transactions. Chase announced this week it would be banning account activity involving cryptocurrency from October 16, citing a rise in scams and fraud. It is the latest in a recent slew of financial institutions to turn its back on digital assets. “We’ve seen an increase in the number of crypto scams targeting UK consumers, so we have taken the decision to prevent the purchase of crypto ass…

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