# CryptoUK Says Bank Restrictions Limit UK Firms’ FCA Authorization

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/53118
Published: 2026-11-10T13:30:01.000Z
Updated: 2026-11-10T13:30:01.000Z
Section: Regulation

> A parliamentary all-party group is conducting an inquiry into banking access for crypto firms as CryptoUK raises concerns about barriers to authorization.

CryptoUK is calling for changes to UK banks’ treatment of digital-asset businesses, saying restrictions may affect which firms obtain authorization from the Financial Conduct Authority (FCA), the country’s financial regulator.

A UK parliamentary all-party group is conducting an inquiry into banking access for crypto firms. The inquiry is ongoing.

CryptoUK’s Nick Brooks has also discussed banking limitations at a webinar, describing them as an obstacle for firms seeking FCA authorization. CryptoUK has raised concerns that the barriers could weaken the UK’s competitive position in the digital-asset market.