A recent report by the UK Cryptoasset Business Council indicates that a significant portion of major banks in the United Kingdom are either blocking or delaying transfers to cryptocurrency exchanges. According to the report, approximately 40% of transfers face such restrictions, effectively limiting access for crypto users. The report highlights a trend of banks imposing blanket limits on transfers to crypto exchanges, impacting individuals and businesses involved in the cryptocurrency market in the UK.

A recent report by the UK Cryptoasset Business Council indicates that a significant portion of major banks in the United Kingdom are either blocking or delaying transfers to cryptocurrency exchanges. According to the report, approximately 40% of transfers face such restrictions, effectively limiting access for crypto users. The report highlights a trend of banks imposing blanket limits on transfers to crypto exchanges, impacting individuals and businesses involved in the cryptocurrency market in the UK.