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UK crypto platforms face banking restrictions as exchanges report blocked transactions
Jan 26, 2026
< 1 min read
by Collins J. Okoth
for CryptoPolitan
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UK banking institutions are restricting transactions to crypto platforms, impacting adoption and access to cryptocurrencies. This move reflects ongoing concerns over DeFi risks and security. The report comes from the UK Cryptoasset Business Council.
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Banking institutions in the United Kingdom are blocking transactions directed to crypto platforms, according to a new report by the UK Cryptoasset Business Council.
