đš UK Banks Block ÂŁ1B in Crypto Payments
Around 40% of crypto-related transactions are being blocked by UK banks, with ÂŁ1B rejected, according to exchange surveys.
đ Key Points:
40% of crypto payments blocked
80% of exchanges report rising payment disruptions
Activity shifting to non-bank and offshore platforms
đĄ Bottom Line: Regulation allows cryptoâbut banking access remains the biggest hurdle in the UK.