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Another Blow: Binance to Suspend GBP Services Next Month

Published 03/14/2023, 10:00 AM
Another Blow: Binance to Suspend GBP Services Next Month

  • Binance has suspended GBP services to new users.
  • The exchange has shared why it can no longer offer on-and off-ramps in the U.K.
  • The exchange can still resume GBP services soon but has a tight deadline.

The latest victim is Binance, which has informed its users that its GBP service provider has dropped their partnership.

Binance, the world’s largest centralized crypto exchange, sent a letter to its users on Monday informing them that it has suspended GBP deposits and withdrawals to new users.

That’s because Binance’s GBP service provider Skrill Limited has decided to stop offering GBP fiat...

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