The CEO of cryptocurrency exchange Coinbase, Brian Armstrong, has called on JPMorgan Chase customers in the United Kingdom to close their accounts with the bank. This bold move comes in response to JPMorgan’s announcement that Chase declined crypto payments, a decision that has sent shockwaves through the growing crypto community. In his message, the Coinbase CEO conveyed that it seemed Chase UK was not aligned with the government’s policy objectives. Coinbase CEO Brian Armstrong’s call for UK customers to reconsider their association with Chase UK highlights the growing influence of cryptocurrencies and their potential to disrupt established financial norms. Meanwhile, the British government’s efforts to position the UK as a global crypto hub further intensify this debate.

Source: ABC News September 29, 2023 12:26 UTC