Tech
OpenAI, owner of ChatGPT, hits $90 billion valuation in AI boom. Crypto transactions banned by JPMorgan’s UK Bank Chase
Chase, the British retail bank of JPMorgan (JPM.N), announced Tuesday that it will prohibit customers from making crypto transactions starting October 16 due to a wave of fraud and scams. “We have seen an increase in the number of crypto scams targeting UK consumers, so we decided to stop them from purchasing crypto assets on a Chase debit card or transferring money to a crypto site from a Chase account,” he said the society. the bank representative said. Chase is the latest lender in the UK to restrict customer access to cryptocurrency, citing long-standing concerns about its use in online schemes run by criminals.