Banks Become Hostile to Crypto Firms Challenging UK’s Crypto Hub

Banks Become Hostile to Crypto Firms Challenging UK’s Crypto Hub

Banks Become Hostile to Crypto Firms Challenging UK’s Crypto Hub

Latest reports revealed that the DeFi-powered crypto fintech, SavingBlocks’ application for a corporate account has been denied by seven banking service providers in London, posing a challenge to the country’s dream to establish a global crypto hub.

Reportedly, SavingBlocks, the crypto company owning more than 200 customers, has contacted nine banking service providers for attaining a bank account but was rejected by seven of them.

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https://coinedition.com/banks-become-hostile-to-crypto-firms-challenging-uks-crypto-hub/