First Direct has decided to launch a scheme at the end of August restricting its customers from purchasing Bitcoin & crypto. There motivation in doing so is to protect people against crypto scams.
Personally, I find it abhorrent a bank decides how, and when I spend my money. If I was a coincidence theorist, I would say this is a first baby step to stop people from escaping the system if they so desire.
I intend to contact them formally about this, or simply leave them after being a happy, and promoting customer for over a decade.
Are there any Bitcoin friendly banks in the U.K. people can recommend? Preferably, that have not been caught up in the debanking nonsense?
P.s. you will find First Direct on Twitter @firstdirect, maybe, if you feel similar to myself you can voice your opinions on the matter?