{"id":314494,"date":"2021-08-03T16:20:26","date_gmt":"2021-08-03T13:20:26","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/hsbc-uk-reportedly-cuts-credit-card-payments-to-binance\/"},"modified":"2021-08-03T16:20:26","modified_gmt":"2021-08-03T13:20:26","slug":"hsbc-uk-reportedly-cuts-credit-card-payments-to-binance","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/hsbc-uk-reportedly-cuts-credit-card-payments-to-binance\/","title":{"rendered":"# HSBC UK reportedly cuts credit card payments to Binance"},"content":{"rendered":"<p>&#8220;<strong># HSBC UK reportedly cuts credit card payments to Binance <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvYmIzYTMwMDYtOTExNS00OGI2LWFmZWMtYmU2ZDE2YjQ5MTFjLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>\n<p>Banks in the United Kingdom continue cracking down on Binance cryptocurrency exchange, with banking giant HSBC reportedly becoming the latest bank to cut payment channels to the platform.<\/p>\n<p>A <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of alleged HSBC clients <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/prasadtungar\/status\/1422231866497716225?s=20\">reported<\/a> on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> this Monday that HSBC UK had <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/ClubAnalysis\/status\/1422233301163692035?s=20\">suspended<\/a> credit card payments to Binance.<\/p>\n<p>According to an alleged announcement on the service suspension, HSBC UK made the decision \u201cdue to concerns about possible risks\u201d to its customers. \u201cWe take our duty as a responsible lender seriously and want to do everything we can to protect you. We\u2019ll continue to monitor the situation and let you know if anything changes,\u201d the bank reportedly wrote.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: HSBC, the 6th largest bank in the world, has now BANNED all payments towards Binance Exchange. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/GGHLv0Czcd\">pic.twitter.com\/GGHLv0Czcd<\/a><\/p>\n<p>\u2014 Mr. Whale (@CryptoWhale) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/CryptoWhale\/status\/1422231144188239879?ref_src=twsrc%5Etfw\">August 2, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>HSBC UK cited a recent warning on Binance issued in late June by the U.K. Financial Conduct Authority (FCA), raising concerns on the regulatory status of Binance in the country. \u201cThis also explains some of the risks of investing in crypto assets should this go wrong,\u201d the bank noted. Binance representatives previously told Cointelegraph that the FCA\u2019s warning only <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>lied to Binance Markets Limited, a separate legal entity from the main global exchange that operates through Binance.com.<\/p>\n<p>HSBC and Binance did not immediately respond to Cointelegraph\u2019s request for comment.<\/p>\n<p><em>This story is developing and will be updated.<\/em><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"law_decoded\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/hsbc-uk-reportedly-cuts-credit-card-payments-to-binance\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# HSBC UK reportedly cuts credit card payments to Binance &#8221; Banks in the United Kingdom continue cracking down on Binance cryptocurrency exchange, with banking giant HSBC reportedly becoming the latest bank to cut payment channels to the platform. A series of alleged HSBC clients reported on Twitter this Monday that HSBC UK had suspended&#8230;<\/p>\n","protected":false},"author":1,"featured_media":314495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDgvYmIzYTMwMDYtOTExNS00OGI2LWFmZWMtYmU2ZDE2YjQ5MTFjLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[75014,74860,71939,117,71879,70934,4966],"class_list":["post-314494","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-binance","tag-cryptocurrency-exchange","tag-banks","tag-business","tag-hsbc","tag-regulation","tag-united-kingdom"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/314494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=314494"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/314494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/314495"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=314494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=314494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=314494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}