Britain Bans Binance’s UK Ops In Latest Cryptocurrency Crackdown {Britain Bans Binance’s UK Ops In Latest Cryptocurrency Crackdown} – English

Britain Bans Binance’s UK Ops In Latest Cryptocurrency Crackdown {Britain Bans Binance’s UK Ops In Latest Cryptocurrency Crackdown} – English

The post Britain Bans Binance’s UK Ops In Latest Cryptocurrency Crackdown appeared first on Wealth-X.


 

In a notice dated June 25, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance’s only regulated UK entity, “must not, without the prior written consent of the FCA, carry out any regulated activities… with immediate effect”.

 

It also issued a warning to consumers about Binance Markets and the wider Binance group.

 

Read the full story on Reuters here.

The post Britain Bans Binance’s UK Ops In Latest Cryptocurrency Crackdown appeared first on Wealth-X.