Banks are very well regulated by governments and they must obey central bank laws and guidelines, I believe the lack of clear laws on bitcoin and exchanges is at the root of barclays decision of the not to provide their services to coinbase. I read this news:
Controversial UK Party Becomes Nations First to Reveal Crypto Policywe can already imagine that dark times are coming in the uk
I've never heard of that party in my entire life. As it stands the British government is far too busy eating itself to pay attention to crypto. And if those Labour morons got in and did get heavy we'd all go back to P2P which is how it's been all along anyway.
The total lack of regulation rather than onerous regulation is the biggest problem for crypto banking in the UK. Why should any bank play regulatory roulette? Why take the risk? Far better to shun all of it until they have some idea of where they stand on the numerous issues it throws up.