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UK bans crypto exchange Binance UK operations

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Britain bans crypto exchange Binance's UK operation - CGTN


UK financial watchdogs have banned Binance from conducting any activity. controlled in the ทางเข้า slotxo country Resulting in the global crypto industry growing

Binance Markets, one of the largest cryptocurrency exchanges in the world. "Any regulated activity must not be carried out without the prior written consent of the FCA, effective immediately," the Financial Conduct Authority (FCA) said in an announcement on June 25.

It also issued a broader warning to consumers about Binance Markets and the Binance Group.

Binance said in a statement that Binance Markets, acquired in 2020, has not yet exercised regulatory licensing. and the movement of the FCA will not affect the services offered on the website.

although trading cryptocurrencies are not directly regulated in the UK. Providing services such as trading of derivatives of cryptocurrency that requires permission

The FCA is raising the level of regulation of cryptocurrency trading. It quickly gained popularity in the UK along with the rest of the world.

Topic starter Posted : 28/06/2021 5:42 am