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Nationwide Bank Restricts Card Payment to Binance, Reason Unknown

The United Kingdom’s giant in the banking sector, Nationwide, announced a restriction on card payments to Binance..

The bank stated:

Furthermore, it stated, “Even with your direct consent in person or by telephone, we can’t remove the restriction and allow you to make a payment to Binance.”

Although these stringent measures arguably infringe on property rights and engage in anti-competitive practices, the bank stated that it was for the safety of the customer.

Furthermore, while instilling their views on the stern stance that aligns with the organization’s ethos, the bank stated:

Nonetheless, the reason for singling out Binance is not clear, given the fa…

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Source: Cryptocurrency - investing.com

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