**🚨 Just In: British Cryptocurrency Lobby Urges Review on Chase Bank's Crypto Ban 📢**
As reported by Bitcoin.com, Bitcoin Policy UK, a prominent cryptocurrency lobbying group in Britain, has sent a letter to Economic Secretary Andrew Griffith, urging a review of Chase Bank's decision to ban cryptocurrency payments. The group highlighted that the British government is actively working to establish itself as a cryptocurrency hub, and Chase Bank's move contradicts this policy. They emphasized that buying and selling cryptocurrency is a legal activity in the UK. Chase Bank had previously announced a ban on cryptocurrency-related payments due to the rise in crypto-related fraud, effective from October 16 (local time).
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