UK banks face 10,092 complaints in 90 days over blocked crypto transactions

Crypto advocacy group Stand With Crypto reported that UK bank customers submitted 10,092 complaints over a 90-day period, citing blocked or restricted transfers to cryptocurrency exchanges. The group compiled data from May to August 2026, showing that 9,803 individuals used its online platform to file grievances regarding fiat transfers to platforms regulated by the Financial Conduct Authority (FCA). Complaints emerged from all of the UK’s 650 parliamentary constituencies. Lloyds Banking Group, encompassing Halifax and Bank of Scotland, received the highest number of complaints at 2,297, representing more than 22% of the reported cases.