Binance Suspends Sterling Withdrawals Again: Report
The exchange's move reportedly came after Faster Payments ended its agreement with Binance.
Binance has suspended withdrawals of sterling after Faster Payments ended its agreement with the cryptocurrency exchange, Financial News reported.
- Faster Payments has ended its agreement with the exchange, FN said.
- At the end of June, the payments network suspended its service for a while, preventing customers from making deposits or withdrawals.
- The move came after the U.K.’s financial services regulator, the Financial Conduct Authority, said Binance wasn’t allowed to undertake regulated activities in the country.
- The service was later reactivated.
- Binance had not responded to an emailed request for comment by press time.
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Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
Why it matters:
Digital assets posted a third consecutive quarter of losses in Q2 2026, the longest losing streak since the 2022 bear market, as institutional capital rotated into AI equities and Bitcoin ETFs recorded their largest quarterly outflow since launch. Our report examines what drove the divergence, where structural adoption continued regardless, and what Q3 signals to watch.
