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Binance suspends sterling withdrawals following partner exit

Crypto exchange’s woes continue amid regulatory crackdown

Binance has told UK customers that bank withdrawals via the Faster Payments network have been ‘temporarily suspended’
Binance has told UK customers that bank withdrawals via the Faster Payments network have been ‘temporarily suspended’ Photo: Omar Marques/Getty Images

Cryptocurrency exchange Binance has suspended withdrawals in sterling again, after one of its key partners terminated its agreement with the firm.

Binance has told UK customers that bank withdrawals via the Faster Payments network have been “temporarily suspended”, but has provided no further details on the change.

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