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/