🚨 UK BANKS BLOCK 40% OF CRYPTO PAYMENTS — £1B REJECTED

UK banks are aggressively cutting off crypto access.

An industry survey of exchanges reveals ~40% of crypto-related payments are now being blocked, with an estimated £1 BILLION in transactions rejected.$LINK

📌 Key findings:

• 80% of exchanges report a sharp rise in failed or disrupted customer payments

• Bank blocks include deposits, card payments, and faster payments

• Many users are flagged despite passing KYC & AML checks

⚠️ What’s really happening:$SUI

This isn’t about fraud alone.

Banks are using “risk controls” as de-facto policy, quietly restricting crypto rails without clear rules, transparency, or appeal processes.

🔥 Why it matters:

• Retail access to crypto is being choked at the on-ramp

• UK risks falling behind the EU, UAE, and Asia on digital asset adoption

• Pushes users toward offshore platforms, stablecoins, or P2P rails$DASH

🧠 The irony:

The UK says it wants to be a global crypto hub —

while its banks are acting like gatekeepers from the last decade.

When institutions block innovation,

capital doesn’t disappear — it reroutes.

#TrendingTopic #crypto #dogwifhat