Binance to suspend British Pound deposits, withdrawals

Binance will suspend British pound (GBP) on- and off-ramps for new users on March 13 and for all users on May 22 since Paysafe, their fiat partner announced that they will no longer be able to provide these services.

According to Binance, the change will affect less than 1% of users, and the exchange is working to find an alternative solution.