Spanish banking giant Banco Santander has blocked payments to crypto exchange Binance for U.K. customers, following several other U.K. banks in blacklisting the exchange.
“In recent months we have seen a large increase in U.K. customers becoming the victims of cryptocurrency fraud,” a spokesperson for Santander’s U.K. arm told CoinDesk. “Keeping our customers safe is a top priority, so we have decided to prevent payments to Binance following the FCA’s warning to consumers.”
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