Here’s why Binance is suspending sterling transfers

Binance cites “Paysafe” as it halts sterling transactions.
The announcement affects less than 1.0% of its users.
Binance says it’s already looking for an alternative.Binance continues to pause deposits and withdrawals in notable currencies. On Tuesday, it suspended transactions in sterling as well – about a month after it had ceased dollar transfers.
Why did Binance pause sterling transfers
Reason cited for the halt was Paysafe – its partner for GBP transfers that