Key Takeaways

  • U.K. bank Barclays has confirmed customers will no longer be able to deposit funds on Binance.
  • Barclays says it made the decision to keep customers safe.
  • Binance has faced regulatory pressure in several countries in recent months.

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U.K. bank Barclays has informed customers that it will no longer allow card payments to the cryptocurrency exchange Binance. 

U.K. Bank Blocking Binance Transfers 

Barclays has blocked customers from making card transfers to the cryptocurrency exchange Binance. 

Barclays account holders who had previously sent money to the exchange received text messages informing them of the change Monday.

In the text, Barclays explained that it made the decision to “help keep customers’ money safe” and urged customers to check the…

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