Regulation

Sunak’s Crypto Plans Are Hit by Reluctant UK Banks

  • HSBC, Natwest have restricted transfers to crypto exchanges
  • Crypto companies have complained directly to UK government
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Edouard Daunizeau’s crypto company SavingBlocks has an office in East London’s technology hub and more than 200 customers testing its services. But getting a bank account for his year-old startup has proved an almost insurmountable challenge.