The reasons why UK banks are blocking crypto exchanges | The Crypto Mile
Many UK banks have blocked payments to and from crypto exchanges. The latest being Starling Bank which claimed crypto exchanges are "a high risk, and heavily used for criminal purposes".
On this week's episode of The Crypto Mile our host Brian McGleenon speaks to Adrian Ip, Managing Director at Aquis Exchange, to analyse the underlying motivations behind this stern response from the banking industry.
In 2023, will banks reverse their course and let crypto back in from the cold, or let this infant industry wither on the vine? Find out more on this week's episode.