Bitcoin and Cryptocurrency is a Peaceful Protest against a broken system

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Barclays customers received a notification stating that the credit and debit payment to Binance will be blocked. Personally I felt the notification and the context was probably the most unprofessional message I have ever seen from a big company. They basically told millions of their customers to “Google It”. It’s ironic they can allow you empty your life savings in a gambling site but not an investment platform because they see it as a threat.

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Binance has repeatedly been struggling with regulations, this hasn’t been easy for them. But they always have a way to go around and still give one of the best crypto services. Their current struggles is with the Barclays Bank. The bank specifically blocked all UK customers transferring funds to binance.

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This decision was made after the FCA announcement last month. Barclays Bank is not the only bank to block transactions from crypto exchanges, several banks have.

The governmental institutions are trying their best to crackdown crypto, they are all seeing crypto currency as a threat. The governmental system is broken and it’s made to favor those in power greatly.

Posted Using LeoFinance Beta



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