Foreign media: BNP Paribas prohibits customers from sending money to Coinbase

Preliminary findings indicate that BNP Paribas has barred customers from sending money to Coinbase, a major cryptocurrency trading platform. An anonymous BNP Paribas client said that the transfers could proceed normally during the week of March 2, and the ban appears to start this week.

"This is considered illegal," a BNP Paribas representative told sources on the phone, but the client stated that it had not received a warning from the bank about its decision to stop transferring money to Coinbase. The bank cited fraud, malware, scams, and the anonymous currency Monero as a reason for prohibiting transfers to Coinbase. The source added that the bank has not closed transactions with other cryptocurrency exchanges.