您现在的位置是:Crypto users in the UK won't be able to transfer profits to HSBC >>正文
Crypto users in the UK won't be able to transfer profits to HSBC
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛3779人已围观
简介UK investors have been faced with a dilemma after HSBC announced it would no longer support the tran...
UK investors have been faced with a dilemma after HSBC announced it would no longer support the transfer of funds from crypto exchanges
The Sunday Times reported on Saturday that HSBC had blocked all transactions involving crypto exchanges. Crypto customers will now be unable to transfer their profits to their bank account.
It appears that the multinational bank is taking a heavy-handed approach in dealing with money laundering. HSBC is now the latest bank to impose restrictions on crypto customers. The bank was recently involved in global money-laundering activities, so it has faced some criticism for the move.
Leaked files from the Financial Crimes Enforcement Network disclosed the bank’s alleged involvement, leading to HSBC being slapped with a record $1.9 billion fine in money laundering-related charges.
The bank was also the subject of a documentary on Netflix that exposed the bank’s $881 million money-laundering scandal. The documentary titled ‘Dirty Money’ also questions the actions that were taken against the bank.
Many crypto users have cast aspersion on the move by HSBC, considering the bank’s own involvement in the crime. The UK is primarily considered an anti-crypto region, and the move by HSBC to stop processing crypto payments as well as the transfer of funds to & from exchanges will hurt local investors.
Onchain Capital’s Ran Neuner asserted that crypto investors would have to find an alternative if they are to profit off the digital assets.
Responding to The Sunday Timesreport, he posted on Twitter, “Many banks will put themselves out of business like this.”
Jason Yanowitz from Block Works Group also shared his views on the same, claiming that banks were trying to hinder cryptocurrencies’ progress.
“HSBC is now blocking transfers to and from crypto exchanges. Legacy financial institutions will do everything in their power to stop this movement. They’re literally denying their customers access to the greatest performing asset of the past decade.”
Yanowitz claims are, however, not baseless as banks have traditionally been known to oppose digital assets as they are a threat to their revenue.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/553654.html
相关文章
Philippines SEC Warns Public About Mining City Ponzi Scheme
Crypto users in the UK won't be able to transfer profits to HSBCThe SEC reiterates that the company does not have the license nor authority to operate in the countr...
阅读更多
Filecoin price fluctuating around $60 after sharp rise as mainnet went live
Crypto users in the UK won't be able to transfer profits to HSBCFIL/USD price quickly doubled as Filecoin finally launched its mainnet, but showed weakness of aroun...
阅读更多
Bitcoin crosses $13k as PayPal enters the crypto market
Crypto users in the UK won't be able to transfer profits to HSBCNews of PayPal entering the cryptocurrency market triggered a rally in the markets, with Bitcoin sur...
阅读更多
热门文章
- Bitmex fast
- Stablecoin Nirvana lost 90% of its value after a flash loan attack
- YFI/USD price spikes 22% to lead DeFi recovery ahead of LEND and MKR
- XRP army looks to pump price to $1.00
- Ukraine Lands First Place On Global Crypto Adoption Index
- Brightvine announce $147 million securitisation of subordinated debt
最新文章
England FA is looking to launch it own NFT platform
Bitcoin price slips 4% as BitMEX charged in the US
BTC Is Preparing To Contest The $38,620 Level
Bitcoin is unlike the other cryptocurrencies, says Klippsten
Miners earned $166 million from fees on Ethereum throughout September 2020
Gate.io gets VFA license in Malta