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Perfect timing – we could use another bank run

The Register

Tough luck, Brits: Binance suspends UK deposits, withdrawals

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Sid Powell, CEO and co-founder of Maple, breaks down what's next for institutions following the demise of the two main banks for the crypto industry.

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CNBC

Roberts family

United States

Bitcoin nears $26,000, and Binance halts UK customer deposits and withdrawals: CNBC Crypto World

Binance Holdings Ltd., the world’s largest crypto exchange, is suspending deposit and withdrawal services via bank transfers and card payments for UK customers after its local banking partner stopped providing support for transactions in British pounds.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Binance Halts Deposits and Withdrawals for Customers in the UK

The UK's Financial Conduct Authority (FCA) warned consumers in June 2021 that Binance did not hold "any form" of permission to offer services regulated by Britain.

Business Today

India

Binance halts deposits and withdrawals for customers in the UK

On Monday, Binance said it would suspend withdrawals and deposits for anybody using UK currency. The news came after the world’s largest crypto exchange’s banking partner in the UK, Paysafe, said it was abandoning crypto, at least as far as Binance was concerned.Read more...

Gizmodo

G/O Media

Binance Stops Deposits and Withdrawals for UK Customers

Crypto exchange Binance will suspend British pound sterling deposits and withdrawals starting on May 22, according to an email to clients.

decrypt.co

New York

Binance to Suspend British Pound Deposits, Withdrawals

Binance will cease processing British pound deposits or withdrawals starting May 22. Another casualty of Operation Choke Point 2.0?

Crypto Briefing

Binance Halts GBP Deposits and Withdrawals

Cryptocurrency

Binance is suspending all British pound deposits and withdrawals. The exchange already halted U.S. dollar transfers last month. Binance claims that only 1% of its users will be impacted by the change. The company assured that it was working to restart both services as soon as possible.

Tough luck, Brits: Binance suspends UK deposits, withdrawals

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