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UK Binance Customers Facing Temporary Pounds Withdrawal Outage Following Binance’s UK Ban
By Seedly  •  June 30, 2021
Just this morning, the Financial Times (FT) reported that Binance.com customers in the U.K. have been temporarily blocked from withdrawing pound sterling from their Binance.com accounts. Source: Giphy | No, not this Sterling This temporary outage happened just a few days after the U.K. financial regulatory body the Financial Conduct Authority (FCA) ruled to block Binance, the largest Cryptocurrency exchange in the world by volume from operating any ‘regulated activity in the U.K..’ Here is all you need to know! As the story is still developing, we will update the article if there is any new information. Disclaimer: The information provided by Seedly serves as an educational piece and is not intended to be personalised investment advice. Seedly does not recommend that any cryptocurrency should be bought, sold, or held by you.​ Readers should always do their own due diligence and consider their financial goals before investing in any investment product and consult your financial advisor before making any investment decisions....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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