Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions

Stand With Crypto UK is telling its members to file formal complaints with high-street banks over sector-wide transfer bans. What to know : Stand With Crypto UK, a Coinbase-backed group, has launched a nationwide campaign urging its 286,000 members to file formal complaints against British banks over blanket restrictions on crypto transactions. The group cites data showing that U.K. banks block or delay about 40% of domestic crypto transfers and either fully block or strictly cap payments to exchanges, even those authorized by the Financial Conduct Authority. Advocates argue that these policies contradict U.K. payment rules and the government’s stated ambition to become a global digital-assets hub, and say banks are unfairly limiting retail access while developing their own crypto offerings.(Coindesk)