UK Parliament Group Grills Banks Over Crypto Firm Banking Access

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A UK parliamentary group focused on crypto and digital assets has called on banks to justify their approach to servicing cryptocurrency and digital asset companies. The Crypto and Digital Assets All-Party Parliamentary Group raised concerns about the apparent lack of banking access available to crypto businesses operating in the country. Lawmakers are seeking transparency from lenders regarding their policies toward the crypto sector. The move reflects growing parliamentary scrutiny over whether UK banks are adequately supporting the country's emerging digital assets industry.

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