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Binance Removes Norwegian Krone Trading Pairs, Payment Options
The announcement extends Binance’s updates and changes to its offering to tackle regulatory challenges.
Updated May 11, 2023, 4:12 p.m. Published Aug 27, 2021, 10:43 a.m.
Binance, the world’s largest crypto exchange, has discontinued trading pairs and payment options in Norwegian krone with immediate effect.
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- Binance also announced Friday an end to Norwegian language support.
- The move extends Binance’s updates and product-offering changes to more proactively tackle regulatory challenges.
- In the past two weeks, Binance has discontinued its trading pairs and payment options in the South Korean won and tightened its customer verification requirements for access to crypto deposits, trades and withdrawals.
- Binance has been responding to intense scrutiny from regulators and other entities across the world in recent months.
Read more: FCA Said Binance Had Complied With Its Requirements, but Was ‘Not Capable’ of Being Supervised
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