UK banks may render bitcoin deposits useless for many customers even though value has soared in 2020 - AML Intelligence
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Banking, Crypto, EU/Europe

UK banks may render bitcoin deposits useless for many customers even though value has soared in 2020

British users of bitcoin might struggle to convert their assets to traditional money – just as the cryptocurrency surged towards record high values last week.

With its price now topping $40,000 for the first time on 8th January – a 300 per cent increase for the year 2020 – many investors might well choose this moment to begin turning those funds into cold hard cash profits.

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