U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Authority (FCA)’s announcement that Binance cannot conduct regulated activities in the country. CoinDesk’s Nikhilesh De discusses the ongoing cluster of enforcement actions against Binance and the regulatory concerns for global exchanges. Plus, insights into Russian-based group REvil’s latest ransomware attack and the regulatory outlook under the Biden administration.
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