Crypto: UK Lawmakers Press Banks Over Access
The APPG warns that restricted banking access could slow licensed firms, affect investment and undermine the U.K.'s forthcoming crypto regime.
Every Zipp story tagged #Debanking, newest first.
The APPG warns that restricted banking access could slow licensed firms, affect investment and undermine the U.K.'s forthcoming crypto regime.
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.
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…
The policy targets access to bank accounts and credit for undocumented immigrants, with implementation details still pending.
The award lands as the most concrete dollar figure yet attached to the regulator-driven debanking campaign, and Sethi is using the moment to push the Clarity Act through the Senate.
The order puts the Fed and banking agencies on a clock to examine debanking of crypto firms — a structural risk for any venue that settles through the US banking system.
The BitMEX founder frames the 2024 pro-crypto shift not as ideology but as a direct response to frozen accounts and lawsuits — and argues that without exit optionality, Bitcoin is just another…