The UK cross-party Crypto and Digital Assets APPG has sent letters to the CEOs of major banks, including HSBC, NatWest, Santander UK, and Starling, requesting clarification on their specific policies regarding account opening, payments, and transfer restrictions for crypto businesses. MPs stated that restricted banking services are becoming one of the main obstacles to the expansion of the crypto industry in the UK. They advocate that banks should assess businesses based on their individual risk profiles rather than imposing blanket restrictions simply because they are involved in crypto. The inquiry will collect industry feedback until August 31 and plans to submit policy recommendations to the government. https://(wublock123.com)/news/news-66436