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HSBC Criticized For Limiting Crypto Transfers

 1 year ago
source link: https://www.trustnodes.com/2023/08/11/hsbc-criticized-for-limiting-crypto-transfers
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HSBC Criticized For Limiting Crypto Transfers

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HSBC bank branch in London

HSBC bank branch in London

HSBC, one of the biggest bank in the United Kingdom and the world, is restricting transfers to crypto exchanges to just £2,500 in a single transaction and no more than £10,000 a month according to an email sent to its customers this week.

“Money isn’t just a commodity; it’s a fundamental right. The same principle applies to banking. Every individual should have access to their financial resources and the ability to transact freely," Stefania Barbaglio, founder of Cassiopeia Services, told a local paper.

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