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Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions

Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions

The Coinbase-backed group Stand With Crypto UK called on its 286,000 members to file formal complaints against British retail banks over blanket restrictions on crypto transactions, it announced Wednesday.

The campaign is a demonstration against country-wide bank rules that block or cap customer transfers to exchanges, including those registered with the Financial Conduct Authority (FCA), the group said in a press release. Around 8% of UK adults hold cryptoassets, according to FCA research.

Stand With Crypto based its campaign on data from the U.K. Cryptoassets Business Council’s “Locked Out” report from January 2026. The report surveyed 10 exchanges: Coinbase, Kraken, Uphold, Xapo Bank, Zumo, Wirex, OKX, Luno, Bitpanda and Gemini.

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