Binance Slew Of Problems Continues As Clear Junction Ditch The Crypto Exchange
Following a wave of unfavorable stories surrounding Binance in recent weeks, another player has decided to disassociate itself from the exchange. One of Binance’s payment partners in Europe, Clear Junction, has suspended facilitating payments to the crypto exchange. Clear Junction Cut Binance Off In recent weeks, Binance has had to deal with a slew of […]
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Another player has decided to distance itself from Binance after a slew of negative headlines around the exchange in recent weeks. Binance has faced a number of regulatory issues in recent weeks. Payments player Clear Junction has suspended activity with Binance after similar moves from Barclays and Santander. “Clear Junction can confirm that it will no longer be facilitating payments related to Binance,” Clear Junction said in a statement that was tweeted out by Adam Samson of the Financial Times on Monday. “The decision has been made following the Financial Conduct Authority’s recent....
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial Conduct Authority’s (FCA) warning against Binance operating in the UK has caused a lot of issues for the company. On Monday, the global payments solutions provider Clear Junction revealed it was no longer....
Binance has reportedly been forced to suspend fiat currency withdrawals for customers in the United Kingdom once again. Binance customers in the United Kingdom are once again left without a fiat currency withdrawal option on Binance.According to Financial News on Tuesday, the crypto exchange giant sent emails to affected customers informing them of the problem.However, the exchange reportedly has not given any details as to the reason for the latest suspension of pounds sterling withdrawal but assured customers that it was working to resolve the situation.Back in June, Binance had....
Shiba Inu continues to struggle in the market, especially as Bitcoin continues to demonstrate muted price movements ahead of the halving. This market-wide downtrend continues to keep the prices of cryptocurrencies down. However, for the long term, the outlook for coins like Shiba Inu continues to be incredibly bullish, according to analysts. Crypto Analyst Says […]
Binance CEO Changpeng Zhao stated his take on the recent regulatory crackdown Binance is facing. In a blog post, Zhao explains Binance aims to comply with local regulations. However, he also stated cryptocurrency was a nascent industry, and there are a lot of uncertainties in the field. Binance has been getting a slew of warning from governments all over the world for failing to comply with specific regulations. Changpeng Zhao States Compliance Is a ‘Journey’ Changpeng Zhao, CEO of Binance, finally issued a statement on its take about the recent regulatory crackdown the....