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Wire · regulatory

UK banks free to retain crypto payment bans under new FCA regime

16 September 2026 · By · Wire by Fusion42

Published

16 September 2026

Topic

regulatory

◆ Sectors

Fintech

◆ Geography

United Kingdom

◆ Source

Read at thebanker.com →

◆ Verified

Fusion42 · 16 September 2026 · Fusion42 review

UK banks are allowed under a new FCA regulatory regime to continue banning crypto payments, maintaining their discretion over crypto transactions despite evolving regulatory frameworks.

This Wire brief sits within Fusion42's coverage of Fintech.

◆ ◆ The Wire takeaway

UK banks keep control over crypto payment restrictions, freeing you from forced adoption but locking out crypto transaction flows. This limits payment fintechs’ growth paths and channels for crypto startups relying on bank rails.

◆ Coverage

1 source · 16 Sep 2026

◆ Related on Wire

◆ Topics

Fintechcryptopayment-bansFCAbanking-regulationUK