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UK Parliament probes bank restrictions on crypto businesses

Covered by 3 sources · 3 articles

3 outlets - including Defi-planet, Cryptopolitan and Crypto - are covering this story. UK lawmakers have opened a new inquiry into whether banks are unfairly limiting access to financial services for cryptocurrency businesses, as concerns over account closures and payment restrictions continue to grow across the industry. The…

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UK Parliament Probes Banking Restrictions on Crypto Firms Amid Industry Complaints
DeFi Planet Jul 21, 13:39 UTC

UK Parliament Probes Banking Restrictions on Crypto Firms Amid Industry Complaints

UK lawmakers have opened a new inquiry into whether banks are unfairly limiting access to financial services for cryptocurrency businesses, as concerns over account closures and payment restrictions continue to grow across the industry. The…

UK parliament group opens inquiry into bank restrictions on crypto firms
Cryptopolitan Jul 21, 12:15 UTC

UK parliament group opens inquiry into bank restrictions on crypto firms

A cross-party group of UK lawmakers have opened a six-week investigation dedicated to finding out if banks are refusing accounts and blocking payments for crypto companies. Once the APPG publishes its report and recommendations at the end o…

UK Parliament probes bank restrictions on crypto businesses
Crypto.news Jul 21, 06:56 UTC

UK Parliament probes bank restrictions on crypto businesses

UK lawmakers have launched a cross-party inquiry into whether banks have unfairly restricted cryptocurrency firms from accessing banking services and imposed limits on crypto-related payments, expanding Parliament’s examination of the count…