Binance updated their services for the Binance users of Norway in order to comply with the orders of regulators.
Since 2 months, Binance was facing huge scrutiny issues after the FCA action on Binance Exchange. Right now Binance is free from the charges of the UK’s regulators but still there are numbers of countries and corresponding regulators. And Binance is set to make their platform licensed globally, so the Exchange is taking quick action on the order of regulators.
Binance published an article blog on 27 August. In the post they said that they will discontinue many services for the Binance users of Norway.
From now with the removal of the NOK trade pair they will discontinue local language support for Norway users with stopping the payment in NOK.
•NOK trading pairs
•NOK payment options
•Norwegian language website support
Binance exchange confirmed that the new update in the service for the Norway Binance users will come into effect immediately from now.
It seems that Binance is trying to get out from all possible issues that are raised by any government authority. Recently they took almost the same type of decision for the S. Korean users to follow the orders of Korean regulators.