Barclays UK Customers Can No Longer Transfer Funds To Binance
Barclays clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The apparent ban comes roughly two weeks after the UK’s Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was not holding […]
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Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of daily volume. The bank announced its issues with wiring funds to Binance in a resolution message to the customers today. The banking giant cites the warning that the Financial Conduct Authority (FCA) issued against Binance last week. The measure affects more than 24 million Barclays customers at a worldwide level. Barclays Blocks Wires To Binance Barclays, one of the leading banking institutions in the UK, announced they would no longer support wiring funds to....
The British multinational bank has informed customers it is no longer facilitating payments made to the crypto exchange, confirming reports from users over the last week. Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week. The financial services giant has confirmed to cardholders that Barclays debit/credit card payments to the cryptocurrency exchange will not be allowed until further notice.One of crypto investment dashboard Wealth Kode's cofounders, who goes by Lee on....
Technical issues are a broad concept, especially as far as financial services are concerned. These issues can range anywhere from a broken-down machine to creating a transaction backlog, and everything in between. Customers of Barclays, in the United Kingdom, were unable to access their funds due to these “technical issues”. It is not the first time this week Barclays makes headlines in the media, although neither of those times has been positive by any means. Suffering issues twice in one week is leaving many Barclays customers disgruntled. At some point in the past 24 hours, the bank....
Changpeng Zhao (CZ), CEO of cryptocurrency exchange Binance mentioned that customers who have crypto on WazirX should transfer it to Binance’s platform. He stated in a Tweet that, If you have funds on WazirX, you should transfer it to Binance. Simple as that. We could disable WazirX wallets on a tech level, but we can’t/won’t […]
Bitcoin wallet startup Circle has been granted an electronic money license from a top UK financial regulator. The approval from the UK Financial Conduct Authority – the first of its kind for a digital currency startup – allows Circle to establish a business relationship with London-based bank Barclays. As a result, Circle is now able to store pound sterling on behalf of its customer base – similar to how it holds dollars for its customers in the US. Further, UK customers can now send money to and from their bank accounts. "We support the exploration of positive uses of blockchain....