Payments to Binance, the world’s largest cryptocurrency exchange, have been banned, UK Banking giant NatWest has announced.
NatWest, one of the UK’s biggest banks, is the latest bank to impose a ban on giant cryptocurrency exchange Binance. NatWest Group has announced that all payments to Binance, the largest cryptocurrency exchange in the world, have been blocked.
“We aim to keep our customers’ money safe due to the rise of cryptocurrency-related scams in the UK. Therefore, we will reject all credit and debit card payments to Binance until further notice.”
Two major British banks, Santander UK and Barclays have previously announced they are halting payments to the giant cryptocurrency exchange.