Binance Cuts Off Venezuelan Bank as Payment Option on Its P2P Platform, Aligns with Global Sanctions

Centralized cryptocurrency exchange Binance has erased Banco de Venezuela as a transaction option for its person-to-person (P2P) trading platform. The move arrives as Binance is looking to align itself with global financial sanctions. The delisting of the Venezuelan bank comes on the heels of the exchange doing the same for several Russian banks. This action by Binance was catalyzed by an August 24 article in The Wall Street Journal, which exposed the cryptocurrency exchanges role in sidestepping international sanctions. Subsequently, the bank disappeared from the list of payment methods...

source: https://tokenpost.com/Binance-Cuts-Off-Venezuelan-Bank-as-Payment-Option-on-Its-P2P-Platform-Aligns-with-Global-Sanctions-10593

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