Friday, August 8, 2025
  • About
  • Write for us
  • Contact
Today News
  • Business
  • Tech
    Smart Car Dash Cam

    How new drivers in big cities can stay safe with smart dash cam technology

    Close-up of a Ray-Ban Eyeglasses

    Ray-Ban Meta Partnership Drives EssilorLuxottica’s Q2 Success

    Telecom Communication

    Guideline to Picking Right Tailored Telcom Solutions

    Spreadsheet

    From Spreadsheet to Smart System: Why Financial Teams Need Web Apps and Formula Transparency

    Why eSIMs Are a Game Changer for Remote Workers

    Why eSIMs Are a Game Changer for Remote Workers

    Ways to Share Video Content Without Internet Access

    Ways to Share Video Content Without Internet Access

    Why UK Grant Management Software Is Essential for NGOs

    Why UK Grant Management Software Is Essential for NGOs

    One App, Infinite Uses: How Revolut Is Reshaping Online Transactions

    One App, Infinite Uses: How Revolut Is Reshaping Online Transactions

    VPNs

    Households and VPNs: The New Normal in Digital Protection

  • Consumer
    Craving Connection: Why Food Gifting Is the New Love Language

    Craving Connection: Why Food Gifting Is the New Love Language

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to Celebrate Milestones from Afar: The Rise of Digital Gifting in the UK

    How to adjust glasses at home – a step-by-step guide!

    How to adjust glasses at home – a step-by-step guide!

    Why quality toilet cubicle hardware matters

    Why quality toilet cubicle hardware matters

    Common Mistakes in KYC Identity Verification

    Common Mistakes in KYC Identity Verification

    Consumer habits

    British Furniture Market Sees Significant Changes in Consumer Preferences

    Why are high-street bookmakers declining in the UK?

    Why are high-street bookmakers declining in the UK?

    Straps for smartwatches: The Complete guide

    Straps for smartwatches: The Complete guide

    High street retailers are at a “crossroads”, says retail tycoon

    High street retailers are at a “crossroads”, says retail tycoon

  • Finance
    Panoramic view of London's skyline featuring iconic buildings like the Shard and the London Eye against a clear sky

    Can London Still Compete with Silicon Valley and Berlin in Tech Investment?

    Using a Laptop

    How to Accept Altcoin Payments and Upgrade Your UX Strategy

    Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

    Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

    Fintevex.io vs The Rest: What Happened When We Put It to the Test

    Fintevex.io vs The Rest: What Happened When We Put It to the Test

    5 Smart Money Moves For Dynamic People

    5 Smart Money Moves For Dynamic People

    What Is a Payment Gateway and Why Your Business Needs One

    What Is a Payment Gateway and Why Your Business Needs One

    How Ethereum is changing things in the business world in 2025

    How Ethereum is changing things in the business world in 2025

    Financial Literacy and Artificial Intelligence – A Psychologist’s Perspective

    Financial Literacy and Artificial Intelligence – A Psychologist’s Perspective

    Everything You Need to Know About Multi-Million Loans

    Everything You Need to Know About Multi-Million Loans

  • Environment
    Five Ocean Discoveries That Could Change How We See the World

    Five Ocean Discoveries That Could Change How We See the World

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Choosing the Right Sustainability Partner: How Eco-Efficient Tech Transforms Industry

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    Moving Abroad? Here’s What to Expect – and Why Cardboard and Plastic Waste Removal Is Essential After Unpacking

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    How Weather Events Like Heavy Rain or Heatwaves Affect Pest Activity

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    Building a Carbon-Competitive Advantage with Sustainability and Decarbonization Consulting

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    The Lost Art of Orienteering: Why Map and Compass Skills Still Matter

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Sustainability in Dining: Reducing Waste for a More Profitable Future

    Environmental Benefits

    What Are The Environmental Benefits Of Choosing Eco-friendly Rubbish Removal In Croydon?

    Why You Should Hire Waste collectors for efficient waste removal

    Why You Should Hire Waste collectors for efficient waste removal

  • Property
    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Discovering the Charlie Oven The Rural Ranges Ltd Approach

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

    How to Streamline Your Home Expenses

    How to Streamline Your Home Expenses

    How To Plan Your Home Improvements in Six Easy Steps

    How To Plan Your Home Improvements in Six Easy Steps

    Budgeting for a House Sale: What Most Sellers Forget

    Budgeting for a House Sale: What Most Sellers Forget

    Home and business removals: Streamlining your move

    Home and business removals: Streamlining your move

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    Maximizing Your Investments: A Guide to Purchasing Villas for Sale in Dubai 2025

    6 Common Admin Mistakes that Property Managers Make

    6 Common Admin Mistakes that Property Managers Make

    Property Investment Strategy

    Interest Rate Hikes and How They Impact Your Property Investment Strategy

  • eCommerce
    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    From 1688 to shopee: the singaporean seller’s guide to paying china suppliers

    The Importance of Digital Valuations for UK Ecommerce Brands

    The Importance of Digital Valuations for UK Ecommerce Brands

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    Blink-and-Buy: Designing Checkouts That Convert in Under 10 Seconds

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    High Stakes Strategies: Lessons E-commerce Entrepreneurs Can Learn from Casinos

    Amazon Expert

    Amazon Expert: Key Qualifications to Look For

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Boosting Ecommerce Revenue with Smart Targeting Strategies

    Personalized Shopping: How Technology is Transforming Retail

    Personalized Shopping: How Technology is Transforming Retail

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    How Can Ecommerce Businesses Learn From Entertainment Platforms?

    Magento Web Development Company: Unlocking the Power of E-Commerce

    Magento Web Development Company: Unlocking the Power of E-Commerce

No Result
View All Result
Today News
Home Finance

Banks Begin to Crack Down on Cryptocurrency Exchanges

Claire by Claire
November 22, 2022
Reading Time: 2 mins read
Banks Begin to Crack Down on Cryptocurrency Exchanges
332
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

Banks are beginning to crack down on cryptocurrency exchanges, cutting off their access to traditional banking services.

This move could have a major impact on the cryptocurrency industry, as exchanges will no longer be able to easily convert fiat currency into digital assets, nor will traditional banking clients in places like the UK be able to complete real-time payments to cryptocurrency exchanges, even though clients will still be able to receive payments from cryptocurrency exchanges.

The crackdown is being led by multiple major UK retail banks, with some banks having already begun to block transactions to several major exchanges. 

It is not yet clear why some banks are taking this action, but overall, it is likely due to concerns about money laundering or other illegal and fraudulent activity, which is what has made Santander block UK crypto transfers, at least in the case of real-time transfers beginning in 2023.

This news comes as a major blow to the cryptocurrency industry, which has been struggling to gain mainstream adoption. If more banks follow suit, it could make it even harder for people to buy and sell digital assets.

How will this affect users of cryptocurrency exchanges?

There is no one-size-fits-all answer to this question, as the effect of regulation on cryptocurrency exchanges will vary depending on the specific exchange and the regulatory environment in which it operates. However, in general, increased regulation of cryptocurrency exchanges is likely to have a positive impact on users, as it will create more certainty and clarity around the rules governing these platforms. This could make it easier for users to understand how their exchange works and what they can do with it. Regulation will also provide greater protection from fraud and other risks.

Related posts

Panoramic view of London's skyline featuring iconic buildings like the Shard and the London Eye against a clear sky

Can London Still Compete with Silicon Valley and Berlin in Tech Investment?

August 5, 2025
445
Using a Laptop

How to Accept Altcoin Payments and Upgrade Your UX Strategy

August 4, 2025
552

The pros and cons of using cryptocurrency exchanges despite bank blocks

There are a few things to consider when deciding whether or not to use a cryptocurrency exchange despite bank blocks. The first is that exchanges can be subject to hacks, which could lead to the loss of your funds. Second, exchanges may not be able to provide the same level of customer service as a traditional bank. Finally, you’ll need to make sure the exchange is compliant with all applicable laws and regulations.

What is the long-term outlook of this situation?

The long-term outlook of this situation is not clear. The major banks are making moves to address the inherent risks involved in financial transactions, however the long term consequences of these moves will only be evident as time goes on.

Banks are starting to get stricter with cryptocurrency exchanges, which could make it harder for people to buy and sell digital currencies.

Claire

Previous Post

How to Process British Citizenship Application

Next Post

The right mindset for the digital marketers of 2022

Related Posts

Panoramic view of London's skyline featuring iconic buildings like the Shard and the London Eye against a clear sky
Finance

Can London Still Compete with Silicon Valley and Berlin in Tech Investment?

August 5, 2025
445
Using a Laptop
Finance

How to Accept Altcoin Payments and Upgrade Your UX Strategy

August 4, 2025
552
Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?
Finance

Crypto Loans Meet Open Banking: Will Hybrid Products Redefine Borrowing?

August 2, 2025
556
Fintevex.io vs The Rest: What Happened When We Put It to the Test
Finance

Fintevex.io vs The Rest: What Happened When We Put It to the Test

July 29, 2025
453
5 Smart Money Moves For Dynamic People
Finance

5 Smart Money Moves For Dynamic People

July 28, 2025
493
What Is a Payment Gateway and Why Your Business Needs One
Finance

What Is a Payment Gateway and Why Your Business Needs One

July 21, 2025
583
Next Post
The right mindset for the digital marketers of 2022

The right mindset for the digital marketers of 2022

RECOMMENDED NEWS

Greyhound racing

A Guide to Greyhound Racing

11 months ago
422
Micro Inverters

Future-Proof Your Solar System: The Powerful Benefits of Quality Micro Inverters

3 weeks ago
699
Balancing Player Privacy With Personalised Experiences in iGaming

Balancing Player Privacy With Personalised Experiences in iGaming

1 year ago
473
Black Banx

Record Setting, Again: Black Banx Reports US$3.6 Billion Pre-Tax Profit for 2024

6 months ago
424

BROWSE BY CATEGORIES

  • Business
  • Careers
  • Charity
  • Consumer
  • Culture
  • eCommerce
  • Education
  • Energy
  • Engineering
  • Entertainment
  • Entrepreneurs
  • Environment
  • Fashion
  • Finance
  • Food & Drink
  • Gaming
  • Gardening
  • Health
  • Insurance
  • Interiors
  • Legal
  • Leisure
  • Lifestyle
  • Manufacturing
  • Marketing
  • National
  • News
  • Opinion
  • Pets
  • Politics
  • Property
  • Sales
  • Sport
  • Sports
  • Tech
  • Transport
  • Travel
  • Uncategorized

BROWSE BY TOPICS

Agency AI autosmart banking Beauty business Christmas construction cyber security data digital Digital Marketing Services ecommerce entertainmnet finance fitness Forex health inflation insurance kitchen KYND lifestyle manchester music News north overseas Personal Injury Pharmaceutical Industry property Real Estate recruitment Sir Michael Morpurgo Skincare sports technology tourism travel UK vehicles Warkworth village watch workspace yorkshire

Latest news

Discovering the Charlie Oven The Rural Ranges Ltd Approach

Discovering the Charlie Oven The Rural Ranges Ltd Approach

August 8, 2025
Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

August 8, 2025
Telehealth Home Monitoring vs. Traditional Care Visits: Maximizing Value in Aged Care

Telehealth Home Monitoring vs. Traditional Care Visits: Maximizing Value in Aged Care

August 8, 2025
Judge gavel, a small mallet

UK Gambling Reform 2025: What Betting Operators and Punters Can Expect

August 7, 2025
Man in black crew neck t-shirt using macbook

How Online Casino Gamers Stay Social While Playing Solo

August 7, 2025
Smart Car Dash Cam

How new drivers in big cities can stay safe with smart dash cam technology

August 7, 2025
Close-up of beers in Amsterdam

Beer Bike Amsterdam: Top Things to Avoid for the Best Experience

August 7, 2025
How to Streamline Your Home Expenses

How to Streamline Your Home Expenses

August 6, 2025
Virtual Cards

The Rise of Virtual Cards. What Businesses Need to Know for the Next 10 Years

August 6, 2025
E-Bike

Why Commuting by E-Bike Is One of the Easiest Ways to Reduce Your Carbon Footprint

August 6, 2025

Today News

  • About
  • Write for us
  • Contact
  • Privacy Policy

@2024 Rooftree Publishing Ltd

Today News in association with Kajino.com

Sign up for our newsletter




  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce

Recent News

Discovering the Charlie Oven The Rural Ranges Ltd Approach

Discovering the Charlie Oven The Rural Ranges Ltd Approach

August 8, 2025
Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

Sleek and Sturdy Bathroom Glass Shelves for Modern Homes

August 8, 2025
No Result
View All Result
  • Home
  • Business
  • Tech
  • Consumer
  • Finance
  • Environment
  • Property
  • eCommerce
  • Write for us
  • About
  • Contact