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UK crypto advocates take on banks over transfer blocks

UK crypto advocates take on banks over transfer blocks

A United Kingdom digital asset advocacy group has launched a campaign against what it perceives as a concerted effort by the country’s banking sector to restrict transfers to cryptocurrency exchanges.

Stand With Crypto UK recently urged its 288,100 local members to challenge “blanket restrictions on transfers to crypto exchanges” by local banks, arguing that the apparent attempt to block crypto transfers is at odds with the government’s ambition to make the country a global leader in…

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