40% of UK Crypto Investors Report "Bank Transaction Blockages"

Source
JH Kim

Summary

  • 40% of UK crypto asset investors reported experiencing bank transaction blockages or delays.
  • The research agency Norstat announced that it surveyed 2,500 UK investors.
  • IG pointed out that the absence of a clear crypto asset regulatory framework has led to excessive authority exercised by banks.

According to DL News, a media outlet specializing in crypto assets, on the 20th (local time), a survey found that 40% of investors in the United Kingdom have experienced bank transactions being blocked or delayed during the process of purchasing crypto assets.

This survey was conducted earlier this month by Norstat, a polling agency, at the request of the UK exchange IG, targeting 2,500 UK investors.

IG pointed out to DL News that "banks exercising excessive authority is due to the lack of a clear crypto asset regulatory framework in the UK."

According to the survey, 42% of UK adult respondents expressed opposition to banks' intervention in crypto asset transactions.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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