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UNIUK crypto users file over 10,000 bank complaints, Stand With Crypto says
Stand With Crypto says 9,803 people filed more than 10,000 complaints about bank restrictions on crypto transfers between May and August 2026, with Lloyds and Barclays topping the list.
Why it matters: The figures show how often UK crypto users say banks block or delay transfers to regulated platforms, a friction point for retail access to digital assets.
Key points
- Lloyds Banking Group drew the most complaints at 2,297, followed by Barclays with 1,569 and NatWest Group with 1,278.
UK crypto users filed more than 10,000 bank complaints in three months, according to Stand With Crypto, the British crypto lobby group that runs the complaint tool. The group says 9,803 individuals submitted the complaints between May and August 2026, Bitcoin.com News reports.
Stand With Crypto notes these are among the UK's largest banking groups, which may explain their totals. Virgin Money drew 103 complaints and The Co-operative Bank 76, about 1% each, though both ban crypto transfers outright. Revolut, which offers crypto features, received more than 500.
The group identified three bank approaches: blocking all transfers, imposing limits, or stating no policy at all, as with Revolut and Lloyds. Stand With Crypto says published policies offer no guarantees, since banks can still block or delay transfers.
What to watch: Stand With Crypto is waiting on the Financial Conduct Authority and the Treasury to clarify whether sector-wide blocks fit regulatory obligations.
Live updates on NewsFeeds:AltcoinsDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)
How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.
Not investment advice. Read the risk disclaimer.