FCA Clears Crypto Rulebook, but UK Banks Can Still Block Transfers

Crypto Insight Summary: The FCA has published final guidance defining which crypto businesses will need authorization under the U.K.’s incoming regulatory regime. The clarity removes a major uncertainty for firms, but a separate problem remains: U.K. banks can still restrict customers from sending money to crypto platforms. FCA Sets Oct. 2027 Start for New UK Crypto Authorization Regime […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Regulatory clarity helps crypto firms but bank restrictions limit adoption.