Cryptocurrency

Critical Development: Binance Suspends These Transactions!

The famous Bitcoin exchange Binance has suspended euro deposits via bank transfers amid regulatory review for unknown reasons. Let’s look at the details of the subject together…

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Famous Bitcoin exchange Binance suspends euro deposits via bank transfers

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Cryptocurrency exchange Binance has suspended euro deposits through its Single Euro Payments Area (SEPA) network due to events “beyond” its control, according to an email it sent to customers. The stock market made the following statement regarding the bet:

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Due to events beyond our control, we are suspending EUR deposits via SEPA Bank Transfers indefinitely from 7 July 2021.

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Binance claims it is working with its partners to resolve the issue. Customers will still be able to deposit euros on the world’s largest cryptocurrency exchange via credit and debit cards. The suspension of wire transfers comes amid increasing regulatory scrutiny for Binance from regulators around the world. Cryptocoin. As we previously reported as com, UK-based Barclays decided to stop making payments after Binance was banned in the UK and Canada.

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