Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week.
A spokesperson for Starling told Cointelegraph on Tuesday that the bank is set to restart payments to crypto exchanges on June 23 after temporarily suspending the feature as a measure to protect its customers.
Starling blocked payments to some cryptocurrency exchanges last week, citing “high levels of suspected financial crime with payments to some cryptocurrency exchanges.” The bank said that it will reverse the measure after adopting “additional checks specifically for payments to crypto exchanges.”
