Binance Pauses UK Deposits and Withdrawals Following Partner's Service Halt - What's Going On?

Major crypto exchange Binance has halted deposit and withdrawal services through bank transfers and card payments for customers in the UK after its partner, London-based online payments firm Paysafe, cut off support for transactions carried out in the British pound (GBP). Binance's partner said that its decision to stop supplying one of its products to the exchange's UK customers resulted from the British regulators' stance on digital assets. ...