UK banks face 10,000 complaints in 3 months over crypto restrictions

The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major banks.

Source: CoinDesk

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DW NOTE

UK banks blocked crypto purchases 10,000 times in three months while ministers called Britain a "global crypto hub." Lloyds, Barclays and NatWest led the restrictions. The government wants innovation; the retail banks want capital controls. One of those preferences will win.

Read the full story at CoinDesk →