UK Parliament begins inquiry into banking chokepoint for crypto businesses
The UK’s Crypto and Digital Assets All-Party Parliamentary Group (APPG) is focused on banks that refused crypto firms accounts or introduced restrictions on crypto transactions.
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Summary
- The APPG is inviting written evidence from across the banking, payments, fintech and crypto sectors over a six-week call for evidence.
- The inquiry will then publish a report setting out its findings and recommendations to the UK Government.
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
