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TSB Bank Plans to Ban Cryptocurrency Purchases Due to Increasing Fraud Numbers: Report

Technology Manias – EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

TSB, a British bank, is planning to ban cryptocurrency purchases due to fraud concerns. The company reported an alarming number of fraudulent transactions on cryptocurrency purchases. Reportedly, transactions involving Binance, the cryptocurrency exchange behemoth, are involved in two-thirds of these fraud reports. A Binance representative denies these claims and said the exchange deals with complaints like these complaints in a “very serious” manner. TSB to Ban Cryptocurrency Purchases Due to Fraud Numbers TSB, the UK-based banking institution, is planning to issue a ban on cryptocurrency purchases. Its customers are reporting…

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