UK Banks Block 40% of Crypto Payments, Impacting Digital Asset Sector
A recent survey indicates that UK banks are blocking or delaying approximately 40% of payments destined for crypto exchanges. This development is reportedly putting pressure on the UK's digital asset sector. The survey highlights potential challenges faced by individuals and businesses in the UK seeking to engage with cryptocurrencies through established banking channels. The implications of these restrictions on the broader adoption and growth of digital assets in the UK remain to be seen, but the survey suggests a notable impact on the crypto landscape.
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