[…] There may be a Choke Point scenario taking place for crypto companies in the United Kingdom reports Bloomberg. HSBC and NatWest had already put limits on how much could be transferred to crypto exchanges in February.  “Now, crypto firms say they’re running into new banking difficulties, such as rejected applications to excess paperwork, leading the companies to petition the government for help,” says Pymnts.com.  U.K. Prime Minister Rishi Sunak may have changed plans from his optimistic outlook on crypto when he took office last October – just prior to FTX’s implosion. …