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26 de sept. de 2025 UK customers of Chase will no longer be able to make a cryptocurrency payment next month, as the bank clamps down on rising levels of fraud. JP Morgan’s 26 de sept. de 2025 From Oct. 16 onward, Chase customers will no longer be able to make crypto transactions using their debit card or through an outgoing bank transfer, the bank said Tuesday. “If we think you’re making a payment related to crypto assets, we’ll decline it,” Chase 27 de sept. de 2025 Due to burgeoning concerns of financial crime, and increased activity of fraudsters and scammers, JP Morgan's Chase UK bank has made the decision to ban their JPMorgan Chase & Co. ’s UK digital lender is blocking customers from making crypto payments, citing an increase in frauds and scams. Chase UK clients will no longer be able to make crypto

Chase Bank to Ban Crypto Payments for UK Customers: What You Need to Know

Big news for cryptocurrency users in the UK. Chase Bank is implementing a ban on crypto-related payments for its UK customers. Citing increasing fraud and scams, the digital lender, a subsidiary of JP Morgan Chase & Co., is taking steps to protect its users. This decision, following JP Morgan’s announcement, will significantly impact how Chase UK clients interact with the crypto market.

When Does the Chase Crypto Payment Ban Take Effect?

Mark your calendars. From Oct. 16 onward, Chase customers will no longer be able to make crypto transactions using their debit card or through an outgoing bank transfer, the bank said Tuesday. According to reports, 26 de sept. de 2025 UK customers of Chase will no longer be able to make a cryptocurrency payment next month, as the bank clamps down on rising levels of fraud. This means that after this date, attempting to purchase cryptocurrency using your Chase debit card or via bank transfer will likely be unsuccessful.

Why is Chase Banning Crypto Payments in the UK?

The primary reason behind this ban is the growing concern surrounding financial crime and scams associated with cryptocurrency investments. Due to burgeoning concerns of financial crime, and increased activity of fraudsters and scammers, JP Morgan's Chase UK bank has made the decision to ban their JPMorgan Chase & Co. ’s UK digital lender is blocking customers from making crypto payments, citing an increase in frauds and scams. Chase UK clients will no longer be able to make crypto. Chase aims to mitigate the risk of its customers falling victim to these fraudulent activities. “If we think you’re making a payment related to crypto assets, we’ll decline it,” Chase 27 de sept. de 2025

What Does This Mean for Chase UK Customers?

This ban means that Chase UK customers will need to explore alternative methods for purchasing cryptocurrency. This could involve using other payment methods supported by crypto exchanges or transferring funds to a different bank account that allows crypto transactions.

Alternatives for Buying Crypto in the UK

While Chase UK is restricting crypto payments, there are still many ways to buy cryptocurrency in the UK. Consider these options:

  • Using other bank accounts: Explore banks that are more crypto-friendly.
  • Debit/Credit cards from other providers: Use a card from a different bank that allows crypto purchases.
  • Alternative payment methods: Look into using payment platforms like PayPal (where available for crypto purchases) or other digital wallets.

Stay Informed and Be Vigilant

This situation highlights the importance of staying informed about banking policies and the ever-evolving landscape of cryptocurrency regulations. Always exercise caution when investing in crypto and be aware of potential scams. Consult with a financial advisor if you have questions or concerns about your investments.

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