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In its note to customers Tuesday, Chase UK said that it was blocking the use of crypto by its customers due to concerns over a rise in fraud. Since then, crypto has moved into the mainstream of both everyday life and regular finance, as exemplified by the inflow of institutional money and the issuing of various crypto derivatives by key legacy exchanges. Related posts. Originally created as an alternative, online form of money meant to bypass the need for bank accounts and other financial middlemen, they have increasingly been embraced by mainstream financial institutions such as PayPal, Visa, and Mastercard. Bullish group is majority owned by Block.
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