
40% of UK crypto users hit payment blocks - here's why your bank hates Bitcoin
Key Points
- 40% of UK crypto users face bank blocks on purchases, treati...
Apparently, 40% of UK crypto users have discovered their banks treat Bitcoin purchases like they're funding a hostile takeover of the Bank of England. An IG Group survey revealed that nearly half of crypto enthusiasts are getting their payments blocked or delayed faster than you can say "to the moon."
When Your Bank Becomes a Crypto Bouncer
The current system resembles a particularly exclusive nightclub where only FCA-authorized companies get to handle the velvet rope between your pounds and crypto exchanges. Meanwhile, everyone else stands outside in the rain, watching their investment ...
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