Submitted on Thursday 15th February 2024
Rejected on Friday 23rd February 2024
Current status: Rejected
Rejection code: duplicate (see below for details)
Stop UK Banks from Blocking Cryptocurrency Withdrawals for Ordinary Citizens
UK banks are blocking ordinary citizens from withdrawing funds from registered cryptocurrency exchanges to their accounts. These individuals, who have already paid taxes on their income, have invested in cryptocurrency as a means of improving their future financial situation.
This practice is not only unfair but also counterproductive. The government encourages citizens to pay capital gains tax on cryptocurrency profits; however, this becomes impossible if people cannot access their own funds.
We urge the relevant authorities to reconsider these restrictive policies and allow law-abiding citizens access to their rightfully earned money. This will promote financial inclusivity and uphold the principles of fairness that underpin our society.
You can't sign this petition because it was rejected. But you can still comment on it here at Repetition.me!
The Government e-Petitions Team gave the following reason:
There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.
You are more likely to get action on this issue if you sign and share a single petition.
You may wish to sign to following petition, which calls for the same action:
Prevent banks from banning transactions with Cryptocurrency Exchanges
petition.parliament.uk/petitions/654841
We can also only accept petitions that include a full name.
3.143.168.172 Fri, 03 May 2024 23:33:02 +0100
