U.K. banks should be given a “whitelist” of registered crypto firms to avoid the sector being cut off from the financial system, lobby group CryptoUK has said in letters sent to regulators Tuesday.

Concerns over legitimate crypto companies getting debanked have spread to the U.K., where major lenders say they discourage access to riskier financial products for their customers’ own good.

A parallel letter calls for action from two other regulatory agencies – the Financial Conduct Authority and Payment Systems Regulator.

(By Jack Schickler)