Top UK banks allegedly restrict access to cryptocurrencies

While the government continues to express a desire for a digital pound, leading UK bankers warn of the risks associated with digital currency and try to restrict access

While the government continues to express a desire for a digital pound, leading UK bankers warn of the risks associated with digital currency and try to restrict access

The Bank of England(BoE) and UK Treasury would seek to develop a modernized digital payments system that does not negate the use of cash.

The UK's Treasury released a long-awaited consultation paper for future crypto regulation.

The decision by a British watchdog that a crypto exchange had violated advertising standards calls into question its Australian promotions.

The government of Rishi Sunak is moving ahead with plans to make the UK a hub for crypto assets on a worldwide scale.

The rate increase is the Bank of England's eighth in a row and the biggest since 1992.

Key Takeaways: This comes at a time when Rishi Sunak, Chancellor to the Exchequer(Minister) wanted to make UK a crypto-hub. The companies which were granted access to are CEX.IO, Revolut, Copper, Globalblock, and Moneybrain. No information regarding how long these…