A spokesperson for the UK Treasury: We hope banks will stop blocking cryptocurrency companies

According to CoinDesk, UK officials have stated that as part of the government's ambitious plan to make the country an international digital asset hub, they expect banks to treat all businesses fairly, including crypto service providers.

A spokesperson for the UK Treasury stated that the government has submitted crypto asset regulatory legislation to Parliament, with final rules expected to be confirmed this year, "providing the certainty needed for crypto businesses to invest and develop in the UK." The spokesperson also said, "We expect businesses to be treated fairly. Crypto businesses authorized by the UK's Financial Conduct Authority (FCA) should not be discriminated against simply because of the industry they belong to. We do not want these licensed businesses to face account or transaction restrictions from banking service providers." Previous industry reports indicated that several banks in the UK still prevent customers from accessing legally registered crypto services.