![]() Compare Standard and Premium Digital here.Īny changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. The move was prompted by the FCA announcing that Binance isn’t authorised to carry out business with the crypto field in the UK. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. J11:49 am Customers at Barclays have been barred from making deposits to Binance this week. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. We would not recommend Barclays bank for crypto investors. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. In the past, crypto exchanges (such as Binance) have suspended GBP Deposits or Withdrawals. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion. Other UK banks are thought to be monitoring the Binance situation.During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. The FCA’s move came at a time when financial watchdogs worldwide have become increasingly concerned about the cryptocurrency sector and its potential role in illicit activities such as money laundering and fraud. ![]() For more information, the bank advised customers to “search FCA Binance online”.īarclays’ decision follows a recent move by the FCA to ban Binance Markets Limited (BML) from carrying out any “regulated activity” in the UK without the regulator’s prior consent.īML is the UK subsidiary of Binance, which runs one of the world’s largest cryptocurrency exchanges. ![]() In a text to customers, since shared on social media, the bank added that the decision had been taken “to help keep your money safe”.īarclays apologised for any disruption the announcement would cause and said its action will not stop customers from withdrawing funds from Binance. On Monday (5 July), Barclays told customers who had previously made payments to Binance that it had blocked payments made by credit/debit card to the company until further notice. Barclays Stops Customers Making Binance Transfersīarclays Bank has stopped its UK customers from transferring money to Binance following the recent announcement by the Financial Conduct Authority (FCA) that the digital asset exchange was not authorised to carry out crypto business within UK borders. While we work hard to provide accurate and up to date information that we think you will find relevant, Forbes Advisor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content on Forbes Advisor. ![]() These “affiliate links” may generate income for our site when you click on them. Second, we also include links to advertisers’ offers in some of our articles. This site does not include all companies or products available within the market. The payments we receive for those placements affects how and where advertisers’ offers appear on the site. This comes from two main sources.įirst, we provide paid placements to advertisers to present their offers. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive payment from the companies that advertise on the Forbes Advisor site. The Forbes Advisor editorial team is independent and objective. ![]()
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