UK Lawmakers Question Banks on Crypto Account Access
UK lawmakers are scrutinizing major banks regarding their banking services for crypto and digital asset businesses. This inquiry aims to assess whether current banking restrictions are limiting the growth of the crypto sector ahead of the anticipated regulatory framework set for 2027.
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UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets All-Party Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital asset businesses.
UK Parliament questions major banks over crypto account access
UK lawmakers have asked the chief executives of every major British bank to disclose how they treat crypto businesses and related payments as Parliament examines whether banking restrictions are limiting the sector ahead of the country’s 2027 regulatory regime. The…