A new industry report says most major UK banks are making it harder for people to move money to crypto exchanges. According to the findings, banks are widely blockingA new industry report says most major UK banks are making it harder for people to move money to crypto exchanges. According to the findings, banks are widely blocking
UK Banks Block Crypto Transfers, Report Warns of Market Impact
News Brief
A recent industry report shows that most major UK banks now block or limit customer transfers to crypto exchanges—even regulated ones. This is making it increasingly difficult for people to invest in cryptocurrency. Industry leaders believe these restrictions are stifling growth and pushing innovation abroad. The limitations extend across nearly all payments to crypto services, which raises serious concerns about market impact. Therefore, experts warn this approach risks driving crypto businesses overseas, potentially undermining Britain's standing in the digital asset sector. Overall, these widespread banking barriers are preventing customers from accessing legitimate cryptocurrency platforms—a trend that could have lasting consequences for the industry's future in the UK.
A new industry report says most major UK banks are making it harder for people to move money to crypto exchanges. According to the findings, banks are widely blocking or limiting payments, even when customers use regulated platforms. Industry leaders warn that these practices are slowing growth and pushing innovation out of the country.
L’article UK Banks Block Crypto Transfers, Report Warns of Market Impact est apparu en premier sur Cointribune.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
symplr Launches symplifier Community to Accelerate Healthcare Operations Transformation and Streamline Workflows
New initiative elevates healthcare operations professionals with shared learning, collaboration, and resources to simplify complex systems and improve patient outcomes
Share
AI Journal2026/01/27 21:33
TACO: Here are all the ways Trump has backed down in 2026 — so far
The new year has already brought several opportunities for President Donald Trump to embrace his "T.A.C.O." nickname: "Trump Always Chickens Out."Writing for CNN
Share
Alternet2026/01/27 21:00
LgMining uses advanced mining equipment and intelligent technology: leading the new energy intelligent computing power revolution, the world’s most efficient cloud mining platform
The post LgMining uses advanced mining equipment and intelligent technology: leading the new energy intelligent computing power revolution, the world’s most efficient cloud mining platform appeared on BitcoinEthereumNews.com. In the rapidly evolving world of cryptocurrency, individuals are always on the lookout for simple, efficient, and profitable ways to dive into the digital currency space. Cloud mining has gained tremendous popularity for its ease of use and accessibility, allowing beginners and seasoned investors alike to mine cryptocurrencies without investing in expensive hardware or managing complex setups. Among the myriad of options available, LgMining stands out as a premier platform for free cloud mining. Whether you’re aiming to earn Bitcoin, Ethereum, or other top cryptocurrencies, LgMining offers an incredibly attractive opportunity to earn passive income effortlessly. The Power of Cloud Mining: No Hardware, No Hassle Cloud mining offers a streamlined approach to cryptocurrency mining. Unlike traditional methods that require high-powered mining rigs, costly equipment, and technical expertise, cloud mining allows you to rent computational power from remote data centers. This eliminates the need for complex setups and maintenance while enabling users to mine digital currencies efficiently. Cloud mining is ideal for those who want to generate income from cryptocurrency mining without the associated high costs, risks, or energy consumption. LgMining: Leading the Cloud Mining Revolution LgMining is revolutionizing the world of cloud mining with its user-friendly platform, powerful mining infrastructure, and innovative approach to sustainability. The platform provides access to top-tier mining hardware and utilizes renewable energy sources like wind and solar power to maximize efficiency. This not only reduces costs but also ensures that users benefit from eco-friendly mining practices. With more than 5.8 million active users globally, LgMining has built a reputation for reliability, security, and transparency. By removing the barriers to entry that traditional mining methods present, LgMining makes it possible for anyone—whether a novice or an experienced crypto enthusiast—to profit from cryptocurrency mining without dealing with the complexities of setting up mining rigs. Free Cloud Mining…
Share
BitcoinEthereumNews2025/09/18 19:30