Amidst reports of imposed barriers on digital asset exchange by banks in the UK, crypto firms have reported new hurdles in banking procedures, appealing to the government for help. While the UK crypto market is threatened with a fall, assets like Bitcoin and Ethereum are witnessing highs, along with the brand new coin Big Eyes Coin, ending its presale soon. Read on for all the details.
While UK Prime Minister Rishi Sunak expressed his desire to turn the country into a crypto hub, the banks seem reluctant. This was proved when big banks like HSBC and NatWest recently imposed limits on trading amounts for digital asset exchange. Now, crypto companies in the UK have reported another issue: the banks refuse to offer them their services, sometimes completely, because of their scepticism of the trade.
“There aren’t many options available” Edouard Daunizeau, CEO of London-based crypto investing company SavingBlocks, commented in an interview, “most traditional banks won’t offer banking services to crypto firms.” Additionally, the UK’s Financial Conduct Authority has constantly reprimanded cryptocurrency as risky, threatening crypto executives with jail time if ever caught breaking the harsh laws. These restrictions leave the future of the crypto market in the UK in doubt.
Bitcoin (BTC) and Ethereum (ETH) are dominating the market. While BTC has maintained its stronghold as the first coin, ETH has been predicted to break out after interest in the asset spiked recently. This has a direct impact on AltCoin Market, which may witness a surge in prices.
One such Altcoin is Big Eyes Coin, which recently announced the end date of its presale, advancing even closer to its heavily anticipated launch.
Having brought together a huge community of cat-lovers to support and help each other grow financially while also giving back to the planet, BIG’s presale run has raised 32.5 Million Dollars. Making it the biggest crypto presale in the past two years, given its price trajectory, they aren’t stopping anytime soon. At the heart of the feline-themed coin is a welcoming community in a frenzy over its launch. While the date is still under wraps, Big Eyes has announced the end of its Presale: June 3rd.
However, it gets better. Users have a last chance to win maximum bonuses if they enter the presale in its final stage and make any transactions using BIG tokens. All they have to do is use the code BULLRUN250.
The future of the crypto industry in the UK is uncertain, but the global crypto market continues to trough through its ups and downs. Ethereum having a go at Bitcoin can lead to a surge in Altcoin prices, making it the perfect time to invest in projects like Big Eyes Coin. Big Eyes Coin will end its presale soon, giving its users a last chance to win BIG. With tricks like these up their sleeve, Big Eyes are all set to be the next BIG thing on the market!
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
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