The UK Has Created Crypto Banking Problems

“Many of the major U.K. banks have now put in place bans or restrictions, and we are concerned that other banks and Payment Services Providers (PSP) may also soon follow suit,” wrote Su Carpenter, director of operations at CryptoUK, in a letter to the Treasury’s Economic Secretary Andrew Griffith on Monday. CryptoUK is a lobbying group advocating for digital assets.

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