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07/22/2026

UK Lawmakers Open Inquiry Into Crypto Banking Access

What happened: A cross-party group of UK lawmakers has launched an inquiry into why banks in the country block accounts and payments for crypto firms.

UK Lawmakers Open Inquiry Into Crypto Banking Access

What happened: A cross-party group of UK lawmakers has launched an inquiry into why banks in the country block accounts and payments for crypto firms. The investigation aims to determine whether such practices are hindering the growth of the sector.

Why it matters: Access to banking remains a critical bottleneck for crypto businesses in the UK and elsewhere. The inquiry could lead to policy recommendations that improve financial inclusion for the sector, but it also risks highlighting ongoing concerns about compliance and risk management in crypto banking.

Source: Decrypt