Submitted on Tuesday 23rd October 2018
Rejected on Thursday 1st November 2018
Current status: Rejected
Rejection code: no-action (see below for details)
Traditional U.K. Banks Are Refusing Blockchain Startups Business Bank Accounts.
Exciting new disruptive blockchain startups with FULL KYC/AML (Know Your Customer / Anti Money Laundering) Investment funding are constantly being refused business bank accounts with the traditional U.K. banks
CurveBlock (U.K.) a Blockchain based startup within The Real Estate Development Sector has being refused a business bank account with Barclays bank “Due to the nature of Blockchain”, even though CurveBlock has KYC/AML (Know Your Customer / Anti Money Laundering) and are also seeking SEC compliance, Barclays refuse to allow a business bank account to be opened.
Traditional banks are simply hindering or killing innovation within the U.K. and forcing startups to bank outside of the U.K. WHY !!!!!!
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The Government e-Petitions Team gave the following reason:
Petitions need to call on the UK Government or Parliament to take a specific action.
We're not sure exactly what you'd like the Government or Parliament to do.
You could start a new petition explaining clearly what you would like the Government or Parliament to do.
18.117.99.192 Thu, 21 Nov 2024 16:30:45 +0000