“Any deposits made by SEPA in the meantime will be refunded within 7 working days,” Binnes said. SEPA withdrawals are not affected by the suspension, ”said Benson. This development was previously reported by the Financial Times. Report Was done. The network, an EU project aimed at matching euro payments across the region, allows users to send euros to three dozen countries. The business usually approaches SEPA through payment intermediaries. The business has recently faced stiff competition on the platform from global regulators.
Thailand’s financial watchdog on Friday filed a criminal complaint against a cryptocurrency for running a digital asset business without a license. The UK’s financial watchdog recently barred the company from conducting regular activities in the country. Japan’s regulator said last month that Binus was operating illegally in the country. Germany’s watchdog had said in April that it could be fined for offering shares-linked tokens.