Lloyds and Barclays among UK banks named in crypto transfer complaints, advocacy group says
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Some of the biggest banks in the United Kingdom are facing fresh scrutiny over cryptocurrency transfer restrictions after thousands of customers reported difficulties moving money to crypto platforms. Crypto advocacy group Stand With Crypto said 9,803 people submitted 10,092 complaints to UK banks over restrictions on transfers to crypto platforms during a 90-day period between May and August 2026. The complaints were submitted through the group’s online tool, according to a report reviewed by Cointelegraph on Tuesday. Lloyds Banking Group, one of the UK’s largest banking groups, received the most complaints at 2,297, followed by Barclays with 1,569 and NatWest Group with 1,278, the report found. The complaints raise questions about access to crypto services in the UK as the country prepares to introduce a new regulatory regime for digital assets in 2027. UK banks differ on crypto transfer limitsBarclays and HSBC UK were listed as limiting crypto transfers to 2,500 British pounds ($3,300) per transaction and 10,000 pounds ($13,300) over 30 days. Six banks, including Starling Bank, TSB and Chase UK, were listed as banning crypto-related transfers entirely.
This article is an excerpt. To read the full content, visit the original source. Cointelegraph
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Microsoft, Alphabet and Goldman Sachs join objections to OKX-ICE tokenized stock trading
Skip to main contentCrypto NewsOct 20, 2026, 8:40 a.m. EDT1 min readWall Street signs (Lo Lo/Unsplash)SummaryMicrosoft, Alphabet and Goldman Sachs are among seven additional companies objecting to tokenized versions of their shares trading on OKXICE, bringing the disclosed total to 16 issuers. The objections underscore a challenge for the Securities and Exchange Commission’s tokenized-stock framework, which allows issuers to block venues from offering blockchain-based versions of their shares. OKXICE plans to offer round-the-clock, stablecoin-settled trading of tokens backed one-for-one by shares and carrying equivalent dividend and voting rights. Microsoft MSFT, Alphabet (GOOG, GOOGL) and Goldman Sachs (GS) have objected to having tokenized versions of their shares traded on OKXICE, adding to issuer resistance against the planned stock-trading venue from crypto exchange OKX and New York Stock Exchange parent Intercontinental Exchange (ICE). The companies appear among seven additional objecting issuers in the joint venture’s updated public notice dated Oct. 19. Qualcomm (QCOM), Caterpillar (CAT), McDonald’s (MCD) and Western Digital (WDC) also joined the list.
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