Coindesk Logo

Binance Removes Norwegian Krone Trading Pairs, Payment Options

Binance Removes Norwegian Krone Trading Pairs, Payment Options

Binance Removes Norwegian Krone Trading Pairs, Payment Options

The announcement extends Binance’s updates and changes to its offering to tackle regulatory challenges.

The announcement extends Binance’s updates and changes to its offering to tackle regulatory challenges.

The announcement extends Binance’s updates and changes to its offering to tackle regulatory challenges.

AccessTimeIconAug 27, 2021, 10:43 AM
Updated May 11, 2023, 4:12 PM

Binance, the world’s largest crypto exchange, has discontinued trading pairs and payment options in Norwegian krone with immediate effect.

  • Binance also announced Friday an end to Norwegian language support.
  • The move extends Binance’s updates and product-offering changes to more proactively tackle regulatory challenges.
  • In the past two weeks, Binance has discontinued its trading pairs and payment options in the South Korean won and tightened its customer verification requirements for access to crypto deposits, trades and withdrawals.
  • Binance has been responding to intense scrutiny from regulators and other entities across the world in recent months.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Jamie Crawley is a CoinDesk news reporter based in London.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.