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UK Banks Blocking Crypto Access Given Fraud, Volatility, Lawmakers Told

Finance CEOs welcomed new crypto regulations but were wary about the risks of a central bank digital currency

Updated Feb 7, 2023, 3:49 p.m. Published Feb 7, 2023, 11:36 a.m.
U.K. bank bosses were questioned by lawmakers about crypto. (Screenshot from U.K. Parliament)
U.K. bank bosses were questioned by lawmakers about crypto. (Screenshot from U.K. Parliament)