UK parliamentary group probes banking barriers for crypto firms
A UK parliamentary group launched an inquiry into banking restrictions on crypto firms and consumers, including their impact on investment and competition.
[Update: July 21, 2026, 10:30 AM UTC: Added comments from Yuriy Brisov, a partner at London-based consultancy firm Digital & Analogue Partners.]
A United Kingdom parliamentary group has launched an inquiry into whether crypto businesses and consumers face barriers to banking services, including account access and restrictions on crypto-related transactions.
On Monday, the Crypto and Digital Assets All-Party Parliamentary Group (APPG) said that it would examine how the restrictions affect investment, competition and economic growth. The group said it would assess whether the restrictions are proportionate.