Crypto

UK banks face 10,000 complaints in 3 months over crypto restrictions

Summary

Major British financial institutions received ten thousand grievances regarding digital asset purchase restrictions during a recent three-month period. This high volume of consumer pushback highlights a clear contradiction with national ambitions to establish the country as an international center for cryptocurrency.

The U.K. claims to aspire to become a global cryptocurrency hub, an ambition that would appear to be at odds with the attitude to crypto purchases of its major banks.

Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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