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Binance, the world’s largest cryptocurrency exchange, gets banned by UK regulator

Binance, the world’s largest cryptocurrency exchange, gets banned by UK regulator Reported by CNBC.com   -“Britain’s Financial Conduct Authority said that Binance Markets Limited “is not permitted to undertake any regulated activity in the U.K.” -From June 30, Binance must notify U.K. users of the FCA’s restrictions in a prominent place on its website and […]

By CJ Reichel · June 28, 2021
Binance, the world’s largest cryptocurrency exchange, gets banned by UK regulator

Binance, the world’s largest cryptocurrency exchange, gets banned by UK regulator

Reported by CNBC.com

 

-“Britain’s Financial Conduct Authority said that Binance Markets Limited “is not permitted to undertake any regulated activity in the U.K.”

-From June 30, Binance must notify U.K. users of the FCA’s restrictions in a prominent place on its website and apps.

-It’s the latest sign of a growing crackdown on the cryptocurrency market from regulators around the world.”

 

Read the full article at CNBC.com