Kroo, a digital bank headquartered in London, made a momentous policy alteration that will take effect on May 30, 2024. With the aim of fortifying the protection of its customers’ accounts and funds, Kroo has resolved to prohibit all transactions pertaining to cryptocurrencies. This resolution has been explicitly articulated in the bank’s revised terms and conditions, which explicitly declare that Kroo will cease the processing of bank transfers or card payments linked to providers of cryptocurrency assets.
