UK Banks Blocking Crypto Payments Hits 40% of Users

UK Banks Blocking Crypto Payments Hits 40% of Users

Nearly half of UK cryptocurrency investors report their banks either blocked or delayed payments to crypto providers—raising alarm that Britain may be falling behind international peers in the digital asset space. A new IG Group study—surveying 500 active crypto investors and a broader panel of 2,000 UK adults—found that 40 percent of crypto users experienced interference from banks during fiat transfers to exchanges. Of those affected, 29 pe...

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