Skip to Primary Navigation

Advocacy group targets bank restrictions on crypto transfers

Crypto coins
Photo: DaLiu/Getty Images

Grassroots movement Stand With Crypto UK says consumers are being prevented from sending money to FCA-registered firms.

The Coinbase-backed advocacy group has launched a nationwide campaign urging its 286,000 members to file formal complaints against British banks over blanket restrictions on crypto transactions. The move marks an escalation in tensions between the digital asset industry and the UK’s established financial institutions.

The campaign follows a report published by

Get full access, free for a month

This is a Premium article. Start your 28-day free trial to continue reading and access all content on GRIP – no payment details required.

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience