Call for evidence - Banking access for the UK crypto and digital assets sector

Call for evidence: Banking access for the UK crypto and digital assets sector

The Crypto & Digital Assets APPG has launched a Parliamentary Inquiry into access to banking services for the UK's crypto and digital assets sector.

As the UK prepares to implement its new crypto regulatory framework, the APPG is seeking evidence to better understand whether crypto and digital asset businesses continue to face barriers when accessing banking services, and whether further action may be needed. The Inquiry builds on the APPG's previous Parliamentary Inquiry, which identified access to banking as one of the most significant challenges facing the sector.

The Inquiry will examine access to bank accounts and banking services for crypto and digital asset businesses, as well as restrictions placed by banks on crypto-related transactions. It will also consider the impact on innovation, investment, competition and the UK's competitiveness, while identifying examples of good practice and potential solutions.

The APPG is inviting anyone with relevant experience or evidence - including banks, payment service providers, crypto and digital asset businesses, regulators, trade associations, consumer groups and other interested stakeholders - to contribute to the Inquiry. The call for evidence is now open and closes on 31 August 2026. If your organisation has relevant evidence or experience to share, the APPG encourages you to contribute and help inform its findings and recommendations.

About the APPG

According to the FCA's latest research on consumer attitudes and behaviours towards crypto, 12% of UK adults now own crypto—up from 10% in previous findings. As public and institutional interest in crypto continues to grow, there is increasing recognition of the need for thoughtful, effective regulation. Governments and regulators around the world are actively developing their approaches, and the UK is no exception.

The Crypto and Digital Assets All-Party Parliamentary Group (APPG) provides an essential forum for parliamentarians, regulators, government, and industry to come together and discuss the key challenges and opportunities facing the UK’s crypto and digital assets sector. It plays a central role in shaping the national conversation on the future of crypto policy, bringing together policymakers and industry leaders to better understand regulatory challenges and identify areas for reform or development.

CryptoUK is proud to serve as the Secretariat for the Crypto and Digital Assets APPG, supporting its mission to engage policymakers and advance effective regulation for the UK crypto and digital asset sector.

Crypto and Digital Assets APPG visits B2C2 for behind-the-scenes look at UK digital asset trading

Purpose and Focus of the APPG

The APPG serves as a platform for open, evidence-based discussion on the future of crypto and digital asset regulation in the UK. It explores:

  • What a suitable regulatory framework for the UK crypto sector might look like, informed by global best practice.

  • The progress and priorities of the UK Government and regulators in shaping domestic crypto policy.

  • A broad range of related issues, including economic crime, consumer protection, advertising standards, financial education and inclusion, international competitiveness, the UK’s position as a global financial leader, environmental impact, and the future of digital payments.

Through regular dialogue and collaboration, the APPG supports the UK’s ambition to become a safe, well-regulated and globally competitive hub for crypto and digital assets.

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