What happened between end of September (when I could make a payment) and now that made Monzo decide to ban payments to Binance?
In Monzo’s so called Help pages they only give some fluff and link to this “warning” on FCA website (first published: 26/06/2021).
On 25 June 2021, the FCA imposed requirements on Binance Markets Limited. The firm complied with all aspects of the requirements.
For at least three months Monzo didn’t seem to have a problem with that. So what’s the issue now?
By the way this move by Monzo demonstrates rather nicely one of the benefits of crypto - no middlemen getting in the way of your spending decisions.