Binance Suffers Payments Issues In Sterling Region.

Binance suspends withdrawals of sterling after Faster Payments ended its agreement with the cryptocurrency exchange, in line with an official report by Financial News.

Faster Payments has ended its agreement with the leading cryptocurrency exchange, FN outlined.

At the end of last month in June, the payments network suspended its service for a short time, preventing users from making deposits or withdrawals.

The move came after the United Kingdom’s financial services regulator, the FCA [Financial Conduct Authority], outlined that Binance wasn’t permitted to undertake regulated activities within the country.

However, The service was later reactivated.

Binance had not officially announced any updates related to today’s payment issues, at the reporting time.

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