Our accountant has been trying to setup a business bank account for the last month in the UK. Unfortunately every bank we've tried has refused us a bank account because the company is cryptocurrency based.

There have been some threads previously which have mentioned Fidor a German bank with a UK branch but they only offer personal accounts and do not provide business accounts in the UK.

It seems our options are to open an offshore account and maybe base the company offshore as well or alternatively setup a holding company with a generic name and website then try to get a bank account for the holding company. Either way seems risky as it could cause problems further down the line.

Does anyone here have experience with UK banks/Offshore banks for cryptocurrency businesses?

Any advice would be very much appreciated.