The UK Crypto & Digital Assets All-Party Parliamentary Group (APPG) sent a formal 'Dear CEO' letter to the leaders of the country's major banks on Aug 11, 2026. The letter asks banks to explain their policies on serving crypto firms and whether the incoming Financial Conduct Authority (FCA) crypto regime will change their approach.
The APPG is running a parliamentary inquiry into access to banking services for crypto firms. It says written evidence will be accepted until Aug 31, 2026. The letter follows repeated reports of crypto firms being denied or losing UK bank accounts, a pattern often described as debanking.
The APPG letter, co-signed by the group's co-chairs, was reported across multiple outlets including CoinDesk and The Block. The primary letter was published via the CryptoUK website (cryptouk.io).