[Over 10,000 Complaints Received in the UK Regarding Cryptocurrency Bank Transfer Restrictions in 90 Days, HSBC-affiliated Banks Lead] According to a report by cryptocurrency advocacy group Stand With Crypto (SWC), from May to August this year, UK consumers submitted 10,092 complaints through its online tools regarding banks restricting cryptocurrency purchases, involving 9,800 users across all 650 parliamentary constituencies in the UK. Lloyds Banking Group (including Halifax and Bank of Scotland) received 2,297 complaints, accounting for approximately 23% of the total; Barclays and NatWest Group received 1,569 and 1,278 complaints respectively. The report points out that while the UK government is committed to establishing a comprehensive regulatory system for crypto assets to attract related businesses, bank transfer restrictions may still hinder consumers from using compliant trading platforms. SWC cites research from the UK Crypto Assets Business Council, stating that in the past 12 months, approximately 40% of transfers initiated to cryptocurrency exchanges registered with the Financial Conduct Authority (FCA) were blocked or delayed. (CoinDesk)