Binance Suspends Sterling Withdrawals Again: Report
The exchange's move reportedly came after Faster Payments ended its agreement with Binance.
The bank joins Santander and Barclays among major banks blocking U.K. customers from purchasing crypto on Binance.
The partnership extends Watford's association with crypto-related firms, following its prior sponsorship by Sportsbet.io.
The rule should be applied consistently “regardless of the technology being used to facilitate transfers,” the Treasury said.
CryptoUK counts firms such as Crypto.com, Ripple, eToro and Fireblocks among its 60-plus members.
The FCA is concerned younger crypto holders will behave "less rationally and more emotionally, egged on by anonymous and unaccountable social media influencers."