#bankingfriction
bankingfriction
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🚨 UK Banks Block £1B in Crypto Payments
Around 40% of crypto-related transactions are being blocked by UK banks, with £1B rejected, according to exchange surveys.
📊 Key Points:
40% of crypto payments blocked
80% of exchanges report rising payment disruptions
Activity shifting to non-bank and offshore platforms
💡 Bottom Line: Regulation allows crypto—but banking access remains the biggest hurdle in the UK.
#UKCrypto #CryptoPayments #BankingFriction
Around 40% of crypto-related transactions are being blocked by UK banks, with £1B rejected, according to exchange surveys.
📊 Key Points:
40% of crypto payments blocked
80% of exchanges report rising payment disruptions
Activity shifting to non-bank and offshore platforms
💡 Bottom Line: Regulation allows crypto—but banking access remains the biggest hurdle in the UK.
#UKCrypto #CryptoPayments #BankingFriction
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