Fiat-to-Crypto Exchange Binance Jersey is Shutting Down

Binance Jersey, a fiat-to-crypto exchange targeting EU and UK traders, has been reportedly shutting down. As per the company's new announcement to Coindesk, Binance Jersey will disable all the local deposits on the 30th October platform. At the same time, the trading and remaining services will cease to run on 9th November. The announcement further states the hard shutdown along with disabling all the user accounts by 30th November. Started in January 2019 Based on the island of Jersey, the…