UK Banks Face 10,000 Complaints in Three Months Over Crypto Restrictions
Key Highlights: Lloyds Banking Group accounted for 23% of reported complaints regarding cryptocurrency bank transfer issues, totaling 2,297 submissions via an SWC online tool. Barclays and NatWest Group logged 1,569 and 1,278 complaints respectively, highlighting ongoing friction across major United Kingdom retail banks. Industry research indicates that 40% of attempted bank transfers to FCA-registered crypto ...