- U.K. banks’ restrictions on cryptocurrency transfers drew more than 10,000 customer complaints over a 90-day period.
- Some U.K. banks were found to have fully banned cryptocurrency transfers.
- Lloyds, Barclays and NatWest ranked among the banks receiving the most complaints.
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More than 10,000 customer complaints were filed over the past 90 days over U.K. banks’ restrictions on cryptocurrency transfers, and some banks were found to have imposed outright bans on such transfers.
Stand With Crypto, a cryptocurrency advocacy group, said on Oct. 20 that complaints tied to U.K. banks’ limits on crypto transfers topped 10,000…
