Overview
- The Crypto and Digital Assets All‑Party Parliamentary Group, which launched the inquiry on Tuesday, July 21, 2026, opened a six‑week call for written evidence from banks, payment firms, fintechs and crypto companies.
- The review will gather testimony on alleged account refusals and closures, blocks on transfers and imposed limits on crypto‑related payments, and will also seek evidence from insurers and other service providers.
- The APPG is co‑chaired by Lord Ed Vaizey and Labour MP Gurinder Singh Josan and will publish a report with findings and recommendations for the UK government after analysing the submissions.
- The group's report will not create new law but could shape future regulator and industry action as the UK finalises rules on stablecoins, tokenization and a planned Digital Gilt pilot.
- Lawmakers opened the probe because crypto firms and advisers say trouble getting bank accounts and payment access is hurting operations, investment and competition, so the inquiry will assess the practical effects on businesses and customers.