UK banks risk losing licenses for debanking customers over political views By Cointelegraph
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The British government is reportedly set to announce measures that could see banks stripped of their license if they choose to debank customers due to their political views.
A July 20 report from The Times said the United Kingdom’s government is considering tighter conditions on banking permits that would seek to protect freedom of speech. A final decision is yet to be made, but the U.K. Treasury is expected to announce the new rules as soon as next week.
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The British government is reportedly set to announce measures that could see banks stripped of their license if they choose to debank customers due to their political views.
A July 20 report from The Times said the United Kingdom’s government is considering tighter conditions on banking permits that would seek to protect freedom of speech. A final decision is yet to be made, but the U.K. Treasury is expected to announce the new rules as soon as next week.
Continue Reading on Coin Telegraph
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