UK Banks Block Nearly 40% of Crypto Exchange Transfers, New Report Finds

A new report by the UK Cryptoasset Business Council (UKCBC) and shared by The Block, reveals that major UK retail and commercial banks are currently blocking or delaying close to 40% of all transactions destined for digital asset exchanges, intensifying concerns over a growing “debanking” trend across the country’s crypto sector. source: https://www.ethnews.com/uk-banks-block-nearly-40-of-crypto-exchange-transfers-new-report-finds/