No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, October 27, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

Payment Delays Hit 40% of UK Crypto Investors, Banks Point to Fraud

by TheAdviserMagazine
2 months ago
in Cryptocurrency
Reading Time: 2 mins read
A A
Payment Delays Hit 40% of UK Crypto Investors, Banks Point to Fraud
Share on FacebookShare on TwitterShare on LInkedIn


New research from IG shows that 40% of UK crypto investors
have faced blocked or delayed payments when trying to buy digital assets,
highlighting gaps in the regulatory framework that allow banks to restrict
access. The findings are based on a survey of 2,000 UK adults and 500 crypto
investors conducted with research agency Norstat.

In the United States, regulators
have been ordered to investigate alleged “debanking,” including cases
involving crypto firms. The move underscores that access-to-banking issues are
increasingly a policy focus beyond the UK.

Public Opinion Divided

Banks frequently cite fraud prevention as the reason for
intervention. Public opinion remains divided: 42% of UK adults oppose bank
interference in crypto transactions, while 33% support such measures.

Among investors who faced blocked payments, 35% switched
banks, 29% filed complaints, 22% reduced transaction sizes, and 10% stopped
trying to invest.

You may find it interesting at FinanceMagnates.com: Tesla
Options Go Daily in Market First from IG Amid Campaign to Raise UK Retail
Investment.

Concerns Over UK Competitiveness

Policymakers have warned that the UK risks losing ground in
the global crypto sector. Former Chancellor George Osborne said restrictions on
crypto transactions are affecting competitiveness.

“This overreach from banks is only possible because there’s
still no clear UK regulatory framework in place governing crypto,” Michael
Healy, UK Managing Director at IG.

“Until that changes, responsible firms and investors will be
penalised. If the government is serious about making the UK a home for crypto
innovation, it needs to act. We urgently need the kind of clear, comprehensive
rules we’re already seeing in the US and Europe,” Healy added.

Crypto adoption in the UK appears to be increasing. While a
2024 FCA study found that 12% of adults held crypto, IG’s research indicates
that 25% now report being invested.

This article was written by Tareq Sikder at www.financemagnates.com.



Source link

Tags: banksCryptodelaysFraudhitinvestorsPaymentpoint
ShareTweetShare
Previous Post

Fresenius Medical Care – FME: Die hohe Sterblichkeit in den USA bremst das Wachstum!

Next Post

Pfizer battles another Paxlovid lawsuit from Enanta

Related Posts

edit post
US And China Signal Progress In Kuala Lumpur; Crypto Traders Take Notice

US And China Signal Progress In Kuala Lumpur; Crypto Traders Take Notice

by TheAdviserMagazine
October 26, 2025
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The United States and China wrapped up...

edit post
SharpLink Gaming Withdraws M Ethereum, Boosts Supercycle

SharpLink Gaming Withdraws $78M Ethereum, Boosts Supercycle

by TheAdviserMagazine
October 26, 2025
0

Ethereum’s fundamentals continue to strengthen as major investors and analysts signal renewed confidence in the asset. Institutional investors like SharpLink...

edit post
Decentralized exchanges surpass  trillion monthly volume as volatility spikes

Decentralized exchanges surpass $1 trillion monthly volume as volatility spikes

by TheAdviserMagazine
October 26, 2025
0

Perpetual decentralized exchanges (perp DEXes) registered $1.049 trillion in monthly volume as of Oct. 24, marking the first time on-chain...

edit post
Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks

Bitcoin surges after US and China agree on key trade issues in Kuala Lumpur talks

by TheAdviserMagazine
October 26, 2025
0

Key Takeaways China and the US reached crucial agreements on trade during Kuala Lumpur talks. Communication channels between both countries...

edit post
Is It OpenSea or Blur?

Is It OpenSea or Blur?

by TheAdviserMagazine
October 26, 2025
0

Join Our Telegram channel to stay up to date on breaking news coverage In the rapidly evolving non-fungible token ecosystem...

edit post
XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?

XRP Open Interest Returns To May 2025 Low — New All-Time High Soon?

by TheAdviserMagazine
October 26, 2025
0

According to the latest on-chain data, XRP’s open interest has returned to a low similar to the one seen in...

Next Post
edit post
Pfizer battles another Paxlovid lawsuit from Enanta

Pfizer battles another Paxlovid lawsuit from Enanta

edit post
Navigate With Confidence The Migration Options For SAP ECC Customers

Navigate With Confidence The Migration Options For SAP ECC Customers

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
High Dividend 50: Blue Owl Capital Corporation

High Dividend 50: Blue Owl Capital Corporation

0
edit post
The Core Of The Peace Proposal

The Core Of The Peace Proposal

0
edit post
Is It OpenSea or Blur?

Is It OpenSea or Blur?

0
edit post
How Many People Actually Work for the U.S. Government? The Latest Shock Figure & What It Means for You

How Many People Actually Work for the U.S. Government? The Latest Shock Figure & What It Means for You

0
edit post
Coforge shares rally 6% after Q2 net profit rockets 86% YoY. Should you buy, sell or hold?

Coforge shares rally 6% after Q2 net profit rockets 86% YoY. Should you buy, sell or hold?

0
edit post
Asked on Reddit: Should I Pay Off Loans or Save?

Asked on Reddit: Should I Pay Off Loans or Save?

0
edit post
The Core Of The Peace Proposal

The Core Of The Peace Proposal

October 27, 2025
edit post
Coforge shares rally 6% after Q2 net profit rockets 86% YoY. Should you buy, sell or hold?

Coforge shares rally 6% after Q2 net profit rockets 86% YoY. Should you buy, sell or hold?

October 26, 2025
edit post
Milei’s party on track to win Argentina election in big comeback

Milei’s party on track to win Argentina election in big comeback

October 26, 2025
edit post
HSBC to recognize .1 billion in provision after court ruling in Madoff case

HSBC to recognize $1.1 billion in provision after court ruling in Madoff case

October 26, 2025
edit post
Accel and Prosus team up to back early-stage Indian startups

Accel and Prosus team up to back early-stage Indian startups

October 26, 2025
edit post
What Saudi Arabia and Bangladesh can teach Silicon Valley

What Saudi Arabia and Bangladesh can teach Silicon Valley

October 26, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • The Core Of The Peace Proposal
  • Coforge shares rally 6% after Q2 net profit rockets 86% YoY. Should you buy, sell or hold?
  • Milei’s party on track to win Argentina election in big comeback
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.