According to data released by the financial industry analysis website Finder, 47% of major UK banks do not support cryptocurrencies.
These include established traditional banks such as Lloyds Bank, HSBC, Nationwide Bank, TSB Bank, and Santander, which has just limited the amount of crypto transactions, as well as the up-and-coming Starling Bank.
Advertisements
But not all UK banks do not support cryptocurrencies, such as Neobank Revolut, which has been operating in the UK since 2015, recently launched a card that allows users to pay for their goods and services in cryptocurrencies.
DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.