There has been more bad news for Binance, as troubles with regulators have caused multiple payment processors to cease doing business with the big crypto exchange. Even though it isn’t clear how recent regulatory actions in various countries will affect Binance in the long term, the restrictions are making companies squeamish about teaming up with the exchange.  

U.K.-based Faster Payments ended its agreement with Binance, causing the exchange to suspend withdrawals of pounds sterling, according to London’s Financial News. Another European payments processor, Clear Junction, said Monday that it had stopped enabling transactions for the company because Binance is banned from conducting regulated activity in the U.K.