On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision.
Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning
- “We have decided to suspend both GBP and EUR payments and will no longer be facilitating deposits or withdrawals in favour of or on behalf of the crypto trading platform,” the blog announcement explains further. “Clear Junction acts in full compliance with FCA regulations and guidance in regards to handling payments of Binance.”
What do you think about Clear Junction explaining that it won’t process payments for Binance? Let us know what you think about this subject in the comments section below.
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