Cryptocurrency News

Binance Payments Partner In Europe Suspends Facilitating Payments.

Binance leading payment partner in Europe, Clear Junction, has suspended facilitating payments to the cryptocurrency exchange.

The decision was taken in response to FCA’s [Financial Conduct Authority] decision that Binance isn’t permitted to undertake any regulated activity within the United Kingdom, Clear Junction added within an official statement on its website, earlier today on Monday.

“We have decided to suspend both GBP and EUR payments and will not be facilitating deposits or withdrawals in favor of or on behalf of the cryptocurrency trading platform,” Clear Junction outlined.

Binance has been under attack in recent weeks, with the various regulators revealing that the cryptocurrency exchange isn’t permitted to operate within their jurisdictions and certain banks blocking their users from using their cards onto the platform.

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