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Even Crypto-Friendly UK Banks Freeze Accounts Over Crypto Trading ConcernsThe past few months have seen an increase in the freezing or restriction of bank accounts of crypto professionals in the UK, US, and EU. They say you don’t really care until it happens to you, and this week it really happened to me. I was very surprised that it came from where I least expected it. Despite certain limitations, Revolut has long been seen as the most crypto-friendly bank in the U.K., offering in-app crypto purchases and eventually adding the ability to send and receive crypto in 2023.

Even Crypto-Friendly UK Banks Freeze Accounts Over Crypto Trading Concerns

The past few months have seen an increase in the freezing or restriction of bank accounts of crypto professionals in the UK, US, and EU. They say you don’t really care until it happens to you, and this week it really happened to me. I was very surprised that it came from where I least expected it.

Despite certain limitations, Revolut has long been seen as the most crypto-friendly bank in the U.K., offering in-app crypto purchases and eventually adding the ability to send and receive crypto in 2023.
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