The UK's major banks have faced over 10,000 complaints in just three months regarding their restrictions on cryptocurrency purchases. This surge in discontent comes amidst the country's efforts to establish itself as a global cryptocurrency hub. The UK's Financial Conduct Authority (FCA) has been vocal about its support for fintech and digital assets, but the banks' stance on crypto seems to be at odds with this vision.
Source
"UK Banks Receive 10,000 Complaints Over Crypto Restrictions" — CoinDesk
This article is Bitcoincryptos' summary and analysis of reporting originally published by CoinDesk. Read the full original report at the link above.