Customers received a phone text message from the bank to notify them about the move. The UK's financial services regulator ordered Binance to halt any regulated operations - effectively, a ban on Binance Markets, its only UK-regulated entity, from offering crypto derivatives. At the time, Binance said the Financial Conduct Authority's notice had no direct impact on the services it provides via the Binance.com website.
Barclays told Markets Insider that it would continue to review its position on the length of restriction, but the safety of our customers' money will be at the forefront of any decision.
The Paypers is the Netherlands-based leading independent source of news and intelligence for professional in the global payment community.
The Paypers provides a wide range of news and analysis products aimed at keeping the ecommerce, fintech, and payment professionals informed about the latest developments in the industry.
Current themes
No part of this site can be reproduced without explicit permission of The Paypers (v2.7).
Privacy Policy / Cookie Statement
Copyright