Submitted by Jacob Clark on Thursday 11th January 2024
Published on Friday 26th January 2024
Current status: Open
Open until: Friday 26th July 2024
Current Signatures: 160
(count is updated approximately hourly)
Relevant Departments
Prevent banks from banning transactions with Cryptocurrency Exchanges
Some UK banks are blanket banning Crypto related transactions. They say that this is due to fraud and consumer protection, but we believe it is in order to protect their own interests. We want the Government legislate against blanket restrictions to protect the economic freedom of the population.
We want the Government to legislate to prevent blanket bans on Crypto related transactions, and instead should encourage banks to develop more appropriate risk indicators to balance both the interests of investors and the interests of those vulnerable to falling victim to a scam.
Whilst some other major economies are embracing, positively regulating and approving the trading of Crypto in traditional money markets, some UK Banking institutions are suffocating and blocking UK citizens' ability to participate.
If you want to sign this petition (as opposed to merely discuss it), you need to do that on the government's e-Petitions website.
18.224.246.203 Sun, 28 Apr 2024 16:57:14 +0100