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Clear Junction Cut Ties With Binance Due To FCA Regulation
Summary: Another company severed its partnership with Binance. According to a public email notification, Clear Junction, a global payment solution provider and Binance’s main European payment partner, stated that it has decided to suspend payments in GBP and EUR, and will no longer provide convenience for deposits or withdrawals that support or represent cryptocurrency trading platforms. Binance ...
Another company severed its partnership with Binance.
According to a public email notification, Clear Junction, a global payment solution provider and Binance’s main European payment partner, stated that it has decided to suspend payments in GBP and EUR, and will no longer provide convenience for deposits or withdrawals that support or represent cryptocurrency trading platforms.
Binance processes deposits from SEPA and British Fast Payment Service (FPS) through Clear Junction. The notice states that Clear Junction will no longer be facilitating payments related to Binance.
This decision was made after the Financial Conduct Authority (FCA)'s regulations and guidelines on processing Binance payments.
By Mary Liu
Tags: Binance,Clear Junction,FCA
Link: Clear Junction Cut Ties With Binance Due To FCA Regulation [Copy]
