British bank Santander to limit payments to cryptocurrency exchanges

The UK branch of banking giant Santander has informed customers that it will limit payments to cryptocurrency exchanges from November 15 to a limit of $1,000 in a single transaction and $3,000 in any 30-day period There is no limit on the amount transferred back to the bank. Santander said the move was aimed at protecting customer assets and that stricter restrictions will be imposed in the future.