UK lawmakers are seeking detailed answers from major banks on whether they provide accounts to crypto businesses and what restrictions they place on digital asset transactions, as pressure builds over banking access for the sector. Gurinder Singh Josan MP and Lord Vaizey, co-chairs of the APPG (All-Party Parliamentary Group), said access to banking may be the single biggest barrier facing UK crypto and digital asset companies. They argued that if licensed firms still cannot secure basic banking services, the competitiveness goals of the country’s new regulatory framework will be difficult to achieve. Economic Secretary to the Treasury Lucy Rigby has also said FCA-authorized crypto firms should not face banking restrictions solely because of their industry. Written evidence for the inquiry is due by August 31, after which the APPG plans to submit policy recommendations to the government.