UK NatWest Bank does not accept commercial clients to join the crypto industry

2021-4-22 09:15
share to
Scan QR code with WeChat

According to Decrypt, the UK market and retail bank NatWest do not accept market participants joining the cryptocurrency market. Morten Friis, head of risk management at NatWest, cited a warning from UK Financial Institutions (FCA) earlier this year that told cryptocurrency users that Bitcoin and other cryptocurrencies Having digital value is risk to invest. NatWest is one of the UK's largest banks. It is part of the NatWest group, which also includes the Royal Bank of Scotland. NatWest Bank said it was not yet ready and that if a consumer held cryptocurrency, they would need further financial research. As Morten Friis said, "We think cryptocurrencies are very risky, so we have been very careful."

Next:
Legendary British artist Ralph Steadman will sell artwork in NFT format.
According to RollingStone, former Rolling Stone magazine illustrator Ralph Steadman, known for his collaboration with Hunter S. Thompson, sells motion pictures and static works at the Niftygateway digital asset store in the form of NFT text. Sales begin April 28. These illustrations commemorated an important moment in Steadman's career, including two works related to his collaboration with Thompson. The NFT Artwork Sale was a collaboration between MTAPHR's creative team, Steadman, and Oscar-nominated animation director Dave Mullins, who was responsible for the creation of the artwork. Original music was provided by Grammy Award-winning producer Matt Winegar. A portion of Steadman's NFT sale will also be free with WildAid, an environmental organization dedicated to reducing demand for pet products.
2021-4-22 09:19