Today news
About the same in other media
Binance suspends sterling deposits and withdrawals after losing UK partner
Reading now: 326
The exchange says the move has been forced by Paysafe subsidiary Skrill's decision to stop offering fiat services.Less than one per cent of Binance customers are affected and those that are can still access their GBP balances.The sterling news comes shortly after Binance had to suspend all dollar bank transfers and amidst growing regulatory scrutiny of the exchange in the wake of the FTX collapse. Th US Justice Department is investigating the firm over suspected money laundering and sanctions violations while the SEC is eying its BUSD stablecoin.Binance says it is working to find an alternative to Paysafe but a partner could be hard to come by.
Read more on finextra.comAbout this in other media
Binance-CFTC FUD puts BNB price at risk of drop toward $200 cointelegraph.com /1 year ago
Binance Coin Price Prediction as CFTC Sues Binance – Is This the End of Binance Crypto Exchange? cryptonews.com /1 year ago
Binance saw $850M withdrawal prior to CFTC indictment: Data cointelegraph.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
