UK MPs Launch Inquiry Into Crypto Firm Debanking
The All-Party Parliamentary Group on Cryptoassets wants barriers to banking access resolved before the FCA's 2027 regime kicks in, putting the debanking problem formally on the legislative clock.
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The All-Party Parliamentary Group on Cryptoassets wants barriers to banking access resolved before the FCA's 2027 regime kicks in, putting the debanking problem formally on the legislative clock.
The probe lands weeks after the UK published its new crypto framework and days into a Labour government, putting bank de-risking squarely on the legislative agenda.
A cross-party group chaired by Lord Vaizey and Labour MP Josan will spend six weeks gathering evidence on UK banks refusing crypto firms accounts and blocking transfers, with a report due to…