According to Odaily, UK digital bank Kroo has implemented a ban on its customers participating in cryptocurrency transactions due to an increasing number of cryptocurrency-related fraud cases. As per the bank's latest terms, starting from May 30, 2024, Kroo will refuse any bank transfer requests or card transactions related to cryptocurrencies. This move follows similar actions taken by other UK banks such as Starling Bank and Chase UK, which have also introduced similar measures to curb the rise in cryptocurrency fraud.
