Traditional banking in the UK has hardened its policies related to the cryptocurrency industry, causing investors to migrate to more crypto-friendly banks.
“Overall, the results found that 38% of investors have changed banks due to cryptocurrency policies. Of the remaining respondents, 22% have also strongly considered it. One respondent claimed to have their entire bank account blocked, including all cards and mobile banking facilities, because of a large amount of money that came in through cryptocurrency - others switched exchanges to ones more supported by banks.”
Near 40% of crypto investors have changed banks due to stricter policies | Finbold
Near 40% of crypto investors have changed banks due to stricter policies | Finbold
Near 40% of crypto investors have changed banks due to stricter policies | Finbold
Near 40% of crypto investors have changed banks due to stricter policies | Finbold
Traditional banking in the UK has hardened its policies related to the cryptocurrency industry, causing investors to migrate to more crypto-friendly banks.
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