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TSB plans to Ban Cryptocurrency Purchase

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TSB is a British bank that reported an alarming numerous fraudulent cryptocurrency purchases. TSB claims that two-thirds of frauds related operations are made in Binance. Although Binance denied these claims and said that they deal with matters like this in a very serious manner.

This ban is seen to take effect this coming week, leaving a lot of customers without access to cryptocurrency exchanges. TSB said that at least one in 8 purchases usually end up in a fraudulent action and these exchanges don’t usually respond to fraudulent claims.

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