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Binance Looking to Setup A Dedicated U.K. Arm After FCA Crackdown

Binance, the world’s largest crypto exchange by trading volumes has seen a major snub by global regulators in 2021. It all started with U.K’s Financial Conduct Authority (FCA) issuing the first ban on Binance operations in the country. In an interview with The Telegraph, Binance CEO Changeoeng Zhao said that the exchange is now working to

Binance, the world’s largest crypto exchange by trading volumes has seen a major snub by global regulators in 2021. It all started with U.K’s Financial Conduct Authority (FCA) issuing the first ban on Binance operations in the country. In an interview with The Telegraph, Binance CEO Changeoeng Zhao said that the exchange is now working to

Binance
News
Binance
News

U.K. Payment Network Freezes Withdrawals for Binance Customers

Two days after the FCA issued a ban on Binance operations in the United Kingdom, Binance customers are now facing problems of withdrawals. As per the latest Financial Times report, Binance’s U.K customers have lost the ability to withdraw and deposit Sterling Pounds via Faster payments, one of the country’s major payment systems. On Monday,

Two days after the FCA issued a ban on Binance operations in the United Kingdom, Binance customers are now facing problems of withdrawals. As per the latest Financial Times report, Binance’s U.K customers have lost the ability to withdraw and deposit Sterling Pounds via Faster payments, one of the country’s major payment systems. On Monday,