Lloyds drew the most complaints despite having no published policy restricting crypto transfers, according to a Stand With Crypto report.
In brief Advocacy group Stand With Crypto said UK bank customers filed 10,092 complaints over blocked or restricted transfers to crypto exchanges in 90 days. Lloyds Banking Group received 2,297 complaints, followed by Barclays with 1,569 and NatWest Group with 1,278, according to the report. The group urged the FCA and Treasury to make clear that sector-wide blocks are not proportionate, ahead of the UK’s crypto regime taking effect next year.