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Barclays halts card payments to Binance, cites FCA notice

The British banking behemoth told customers on Monday that it would no longer facilitate payments made to Binance. Customers reportedly received a text notification from the bank on Monday, which reads:

In what could be described as damage control following the negative feedback from unhappy Binance customers, the bank’s social media manager directed Binance users to the Financial Conduct Authority of the United Kingdom’s website.

In addition to the U.K., Binance is also under intense pressure from regulators in Canada, Thailand, Cayman Islands, Japan, and Germany.

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Source: Cryptocurrency - investing.com

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