On Monday, Binance said it would suspend withdrawals and deposits for anybody using UK currency. The news came after the world’s largest crypto exchange’s banking partner in the UK, Paysafe, said it was abandoning crypto, at least as far as Binance was concerned.
Happy Friday eve, Opening Bell crew. Senior reporter Phil Rosen here.
As if the universe knew that I hadn't written a crypto newsletter in some time, here we go: Binance, the world's largest crypto exchange, has been under some scrutiny this week.
Happy hump day, team. I'm senior reporter Phil Rosen, writing to you just blocks away from where Goldman Sachs held their second-ever investor day on Tuesday.
If you're not familiar with investor days, it's basically when a company gives an update on where they stand and where they're going.
Goldman's first one was in 2020 — but a lot has changed since then.
The world’s largest crypto exchange Binance is facing intense scrutiny as of late, and the pressure doesn’t seem to be letting up.