Regulation· ★★★· neutral·

Stand With Crypto UK logs 10,092 complaints over bank blocks on crypto payments

  • —10,092 complaints from 9,803 people over 90 days, per Stand With Crypto UK
  • —NatWest caps crypto exchange payments at £1,000 daily and £5,000 per 30 days
  • —Santander UK limits payments to £1,000 per transaction and £3,000 per 30 days
  • —Since Oct 7, 2024 UK banks must reimburse APP fraud up to £85,000
Why it matters: Pressure on UK banks could push them to revisit payment limits and ease retail access to crypto exchanges.
Source: Journal du Coin