Tough luck Brits: Binance suspends UK deposits, withdrawals

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Tough luck Brits: Binance suspends UK deposits, withdrawals
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Tough luck Brits: Binance suspends UK deposits and withdrawals

The world's largest cryptocurrency exchange has just become a bit smaller as Binance will suspend deposits and withdrawals in pounds for customers in the United Kingdom.

"We have concluded that the UK regulatory environment in relation to crypto is too challenging to offer this service at this time and so this is a prudent decision on our part taken in an abundance of caution," Paysafe told us in an emailed statement.

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