UK banks block or delay 40% of crypto exchange transfers: Survey

CoinTelegraph Published Updated Cryptocurrency
Sign in to save

Affected assets and topics

REPORT CRYPTO EXCHANGE

Why it matters

Major UK banks are imposing restrictions on transfers to crypto exchanges, affecting nearly 40% of such transactions, as per a recent survey by the UK Cryptoasset Business Council.

Article tone

Neutral How the article is written, as reported by the source.

Expected market reaction

Bearish Confidence 80% How confidence is read Horizon: Short term Impact: Moderate

Market impact analysis based on bearish sentiment with 80% confidence.

Evidence trail

Evidence
Source CoinTelegraph
Claim UK banks block or delay 40% of crypto exchange transfers: Survey
AI inference Bearish · 80%
Generated 2026-01-26 14:13

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
37180

Original source

A new UK Cryptoasset Business Council report found that almost all major banks are imposing blanket limits or blocks on transfers to crypto exchanges, effectively debanking crypto users.

Read the full article on CoinTelegraph

Original article published by CoinTelegraph on January 26, 2026. Analysis and insights provided by AnalystMarkets AI.

Related coverage