Stop blocking FCA-licensed crypto firms from fair access
U.K. officials have said they expect banks to treat all businesses fairly, including crypto services providers, as part of the government’s ambition to make the country an international digital assets hub.
The government has introduced legislation for cryptoasset regulation to Parliament and that it expects final rules to be confirmed this year, “giving crypto businesses the certainty they need to invest and grow in the U.K,” a spokesperson for the HM Treasury, the country’s economic and finance ministry, told CoinDesk on Tuesday.
The statement comes after a crypto lobbying group and Coinbase accused British banks of blocking millions of customers from accessing “perfectly” legal digital asset services.
“We expect businesses to…
