Global leading crypto exchange Binance will be suspending British pound deposits and withdrawals in the upcoming week. The changes have already come into effect for new users, while existing users will have until May 22 before seeing the service shut down.

Last month, Binance announced that it would suspend deposits and withdrawals of U.S. dollars through bank transfers. The exchange indicated back then that the suspension would only affect 0.01% of its monthly active users. This time around, it stated that the GBP change would impact less than 1% of its users. The company assured that it was working to restart both services as soon as possible.