Bank payment blocked when buying crypto? Join 40% of UK investors – DL News
- Survey finds UK investors are still having payments blocked when buying crypto.
- It has been going on since 2021.
- Critics blame the situation on a lack of regulation.
UK crypto investors are still having their payments blocked when trying to buy crypto.
That’s according to a new survey conducted by Norstat on behalf of UK-based trading platform IG, which asked 2,500 investors between August 1 and 5 about their experiences. It found 40% of respondents attempting to buy crypto experienced having their payments blocked or delayed by their banks.
“This overreach from banks is only possible because there’s still no clear UK regulatory framework in place governing crypto,” Michael Healy, UK managing director at IG, told DL News in a…
