UK banks which prohibit credit-card cryptocurrency purchases deny over 50 million customers access to digital assets through traditional lenders, prompting many to migrate to crypto-friendly challengers such as Revolut, Wirex, and Ziglu

News event
Claim

Date

June 25, 2025

Quotes that support claims

It joins around a dozen banks that have denied over 50 million customers access to crypto in the U.K., though there are still plenty of options for the nation’s retail investors.
Revolut, Wirex, and Ziglu, on the other hand, have gone all in, offering in-app crypto purchases and transfers amongst other Web3 features.

Tags

06/25/2025
Week 26 of 2025

Referenced by

Market-wide impact and consumer-protection limits

Crypto news

Data block