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UK banks block crypto transfers causing transaction failures for regulated exchanges, impacting digital asset market growth.

UK Banks Block Crypto Transfers: New Report Reveals Staggering 40% Transaction Failure Rate

January 27, 2026 j n

London, United Kingdom – March 2025: A comprehensive industry report has revealed a systematic pattern where UK banks block crypto transfers to regulated exchanges, creating significant friction for millions of users. The findings indicate that approximately 40% of attempted transactions face blocks or delays, raising serious concerns about the UK’s ambition to become a global […]

UK banks block crypto transfers, showing tension between traditional banking and digital asset exchanges with a 40% restriction rate.

UK Banks Block Crypto Transfers: Shocking 40% of Exchange Deposits Hindered, Report Reveals

January 26, 2026 j n

London, United Kingdom – April 2025: A startling new report reveals a significant friction point in the UK’s financial landscape. According to findings from the UK Crypto-Business Council (UKCBC), approximately 40% of customer transfers from major UK banks to cryptocurrency exchanges are being blocked or significantly delayed. This data, based on a survey of the […]