UK digital bank Kroo has banned its customers from participating in cryptocurrency trading

ChainCatcher news, according to Bitcoin.com, the UK digital bank Kroo has banned its customers from participating in cryptocurrency trading due to the increasing number of cryptocurrency fraud incidents. According to the bank's latest terms, starting from May 30, 2024, Kroo will refuse bank transfer requests or card transactions related to cryptocurrencies.

Previously, UK banks Starling Bank and Chase UK have also implemented similar measures.