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UK
2026-07-21 06:15:26

UK parliamentary group opens inquiry into banking barriers facing crypto firms

A UK parliamentary group has opened an inquiry into banking restrictions affecting crypto businesses, focusing on cases where banks refused to provide accounts or placed limits on crypto-related transactions. The move comes from the Crypto and Digital Assets All-Party Parliamentary Group, or APPG, which is examining what the report describes as a banking chokepoint for the sector. According to CoinDesk, the inquiry centers on how crypto firms in the UK are being denied access to core banking services or facing transaction constraints. The article was reported by Ian Allison and edited by Shaurya Malwa, with publication dated July 21, 2026. The development places attention on the relationship between traditional banking institutions and digital asset companies operating in the UK.

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UK parliamentary group opens inquiry into banking barriers facing crypto firms
ZKJ
2026-07-09 16:39:13

ZKJ Token Plummets Over 60% in Flash Crash Amid Rug-Pull Allegations

On June 15, Polyhedra Network’s native token ZKJ crashed over 60% in less than two hours, from $1.98 to an all-time low of $0.7625. A brief recovery to $1.41 was short-lived, with the token falling back below $0.80. Coinmarketcap data shows an even steeper drop of 80% to $0.33, slashing market cap to $94.76 million. The crash coincided with a collapse of the KOGE token, sparking allegations of a planned liquidity-drain operation and rug-pull.

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ZKJ Token Plummets Over 60% in Flash Crash Amid Rug-Pull Allegations