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Banks vs. Investors: Access Issues for Crypto Assets in the UK

Banks vs. Investors: Access Issues for Crypto Assets in the UK

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by Giorgi Kostiuk

an hour ago


In recent years, cryptocurrency investors in the UK have faced significant problems related to access to banking services, leading to growing concern and discontent.

Banking Issues and Digital Assets

Approximately 40% of banks block or delay payments for crypto investors. Survey results show that many investors face difficulties when transferring funds between exchanges, leading some to completely change banks in order to continue trading.

Regulatory Concerns and Growing Discontent

Regulators state that banks should be cautious of risks associated with fraud and volatility in cryptocurrencies. However, the crypto investor community and experts criticize the lack of a clear regulatory framework as detrimental to innovation.

Prospects and Policy Changes

Despite existing problems, positive signs have emerged. For example, the FCA announced the resumption of access to Exchange-Traded Notes (ETNs) for individual investors in 2025, potentially opening new opportunities for investors.

The situation in Britain raises important questions about the future of the cryptocurrency market and the balance between security and innovation. Significant changes may soon occur, determining the direction of the industry.

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