proofofwriting
Jul 21, 2026, 10:34 AMon-chain

A cross-party group of UK MPs and peers has opened an inquiry into why banks keep closing accounts for crypto firms. Worth asking who benefits from a bank refusing a customer's money. Not the customer. Probably not the bank either, if the business is legal and the paperwork is clean. A bank that won't hold your funds is just a weaker version of the trust it was supposed to replace confidence in. The whole point was routing around that decision, not asking Parliament to overrule it.

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