Archives for: July 13th, 2021

Binance stops UK pound withdrawals amid crackdown

Written by: ( July 13, 2021 )

Binance clients in the UK are without a fiat cash withdrawal choice on Binance again. As per the Financial News media outlet yesterday, the cryptocurrency exchange sent messages to clients, informing them that they have lost another fiat partner. However, the company apparently has not given any feedback concerning the justification for the most recent […]

Barclays Bank cuts off Binance cryptocurrency exchange users

Written by: ( July 6, 2021 )

Barclays has revealed it no longer backings wiring assets to Binance, one of the biggest cryptocurrency exchanges by daily volume. The bank declared its issues with wiring assets to Binance in a notice sent to its clients yesterday and moved against the exchange following an announcement by the Financial Conduct Authority (FCA) ordering Binance to […]

Cryptocurrency exchange Binance banned from the UK

Written by: ( June 28, 2021 )

The Financial Conduct Authority (FCA), the UK’s financial watchdog, has told cryptocurrency exchange Binance that it needs to take a break. It had previously questioned the company’s access to the UK market, and has now formally determined that it is not permitted to be operating in the country. Binance can no longer serve British clients […]