The UK Crypto APPG Inquiry: Banking Access, De-Risking, and Capital Flight - Bobsguide
The UK Crypto APPG Inquiry: Banking Access, De-Risking, and Capital Flight - Bobsguide
Source: Bobsguide
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DW NOTE
UK banks have spent a decade systematically closing crypto firm accounts under the banner of anti-money laundering compliance. Now Parliament holds an inquiry as the industry relocates to Dubai, Singapore, and Zurich — jurisdictions that asked what the risk actually was instead of assuming guilt by sector. De-risking is cost-free when someone else pays the opportunity cost.