Intending to protect users from any type of scams or frauds, the Starling bank of the United Kingdom, has temporarily suspended fund transfers to crypto exchanges. Along with Starling, banking institutions like Barclays, Monzo have also restricted their users from transferring money to crypto exchanges SwissBorg and Binance. “We will be reversing this measure as we roll out additional checks specifically for payments to crypto exchanges,” stated a spokesperson of Starling Bank.