Stand With Crypto logs 10,092 complaints over blocked UK crypto transfers
- —Lloyds drew 2,297 complaints (22%), Barclays 1,569 and NatWest 1,278
- —The three banking groups accounted for roughly 51% of all submissions
- —Barclays and HSBC UK cap transfers at £2,500 per transaction and £10,000 per 30 days
- —Six banks, including Starling, TSB and Chase UK, ban crypto-related transfers outright
Why it matters: The report raises pressure on the FCA and banks ahead of the UK's planned digital asset framework for 2027.
Source: Crypto Briefing
More on this
Regulation · Oct 19South Korea logs 83 complaints over crypto exchange hacks and outages in two years
Regulation · Oct 2UK's 2027 crypto rules could block new business with existing customers
Regulation · Oct 9Russia's Central Bank to Block Crypto Transfers Lacking Sender and Recipient Data