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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance

To prevent the occurrence of fraud-related incidents, NatWest bank has tightened restrictions on crypto-related activities followed by the U.K. financial watchdog imposing restrictions on crypto exchanges.

by Annie Li
Jun 30, 2021

CRYPTOCURRENCY

UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance

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