Traditional U.K. Banks Are Refusing Blockchain Startups Business Bank Accounts.

Rejected 21 signatures

What the petition asks

Exciting new disruptive blockchain startups with FULL KYC/AML (Know Your Customer / Anti Money Laundering) Investment funding are constantly being refused business bank accounts with the traditional U.K. banks

CurveBlock (U.K.) a Blockchain based startup within The Real Estate Development Sector has being refused a business bank account with Barclays bank “Due to the nature of Blockchain”, even though CurveBlock has KYC/AML (Know Your Customer / Anti Money Laundering) and are also seeking SEC compliance, Barclays refuse to allow a business bank account to be opened.

Traditional banks are simply hindering or killing innovation within the U.K. and forcing startups to bank outside of the U.K. WHY !!!!!!

Why it was rejected

It was not clear what the petition asked the UK Government or Parliament to do.

Petitions need to call on the UK Government or Parliament to take a specific action.

We're not sure exactly what you'd like the Government or Parliament to do.

You could start a new petition explaining clearly what you would like the Government or Parliament to do.

Timeline

23 Oct 2018	Petition opened for signatures
1 Nov 2018	Rejected by the Petitions Committee

Key facts

Signatures 21

Status Rejected

Rejected 1 Nov 2018

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