Express
Barclays Suspends Its UK Users Making Payments To Binance
Summary: Screenshots circulating on Twitter show that Barclays, a British banking giant, has notified its British users that it will stop making payments via credit/debit card to cryptocurrency exchange Binance. The bank said its decision was made because of FCA's crypto warning. Because Binance provides services to users around the world, it is difficult to meet the regulatory ...
Screenshots circulating on Twitter show that Barclays, a British banking giant, has notified its British users that it will stop making payments via credit/debit card to cryptocurrency exchange Binance.
The bank said its decision was made because of FCA's crypto warning.
Because Binance provides services to users around the world, it is difficult to meet the regulatory requirements of most countries, so in the future, there may be more warnings or lawsuits against Binance.
By Mary Liu
Tags: Barclays,Binance,FCA
Link: Barclays Suspends Its UK Users Making Payments To Binance [Copy]
