$BTC UK Banks Block 40% of Crypto Exchange Transfers, Policy Group Tells Parliament
A UK parliamentary policy group told lawmakers on Monday that roughly 40% of customer transfers from British bank accounts to registered cryptocurrency exchanges are bei…
A UK parliamentary policy group told lawmakers on Monday that roughly 40% of customer transfers from British bank accounts to registered cryptocurrency exchanges are bei…
The figure emerged during an evidence session with the Crypto and Digital Assets All-Party Parliamentary Group, where representatives from three UK-registered exchanges testified that rejection rates have not improved since the FCA's 2023 deadline for registration.
CoinGecko data shows bitcoin at 78,669, up 22.4% over the past seven days, suggesting the banking friction has not suppressed market demand.
Watch $BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoRegulation #CryptoNews
A UK parliamentary policy group told lawmakers on Monday that roughly 40% of customer transfers from British bank accounts to registered cryptocurrency exchanges are bei…
A UK parliamentary policy group told lawmakers on Monday that roughly 40% of customer transfers from British bank accounts to registered cryptocurrency exchanges are bei…
The figure emerged during an evidence session with the Crypto and Digital Assets All-Party Parliamentary Group, where representatives from three UK-registered exchanges testified that rejection rates have not improved since the FCA's 2023 deadline for registration.
CoinGecko data shows bitcoin at 78,669, up 22.4% over the past seven days, suggesting the banking friction has not suppressed market demand.
Watch $BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoRegulation #CryptoNews