UK bank Nationwide bars card payments to Binance

U.K. bank Nationwide Building Society is no longer accepting card payments made by users to cryptocurrency exchange Binance.

A page on Nationwide’s website has it that card payments to Binance are being declined "until further notice" but customers can still withdraw funds on Binance through their Nationwide account.

Nationwide said it took the decision due to "media coverage", "regulatory uncertainty", and "the rising number of scams", according to a post on its Twitter page.


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