On September 26, the crypto market in the United Kingdom (UK) stumbled into a supposed communication by Chase Bank UK, addressing the compulsive halt of every payment related to cryptocurrencies, entitled: “Our policy around crypto is changing.”
The message said:
“If we think you are making a payment related to crypto assets, we will decline it.”
— Chase Bank UK.
JPM 1-day price chart. Source: Finbold
Nevertheless, JPMorgan Chase & Co stock has suffered through a tough week, losing over 3% in the last seven days.
The market now awaits further confirmation on the crypto-related payment halts that should occur by October 16 from the United Kingdom’s retail branch, per the supposed email.
