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FCA bans world’s largest crypto-currency exchange Binance

FCA bans world’s largest crypto-currency exchange Binance

Binance, the world’s biggest crypto-currency exchange, has been banned by the UK’s financial regulator. The FCA ruled that the firm cannot conduct any ’regulated activity’ in the UK. It also issued a consumer warning about Binance.com, advising people to be wary of adverts promising high returns on cryptoasset investments. Binance said the notice has no ’direct impact’ on the services.

Chris
Chris
Forgotten the
Forgotten the 3 weeks

Yes....how did regulating the banks go? No amount of violence will make me give you my crypto.

Bart
Bart 3 weeks

Incoming UK ban or severe regulation on crypto. Heaven forbid unwashed masses get richer.

Leonard
Leonard 3 weeks

Gold and Silver and Guns and Ammo.

david dindu
david dindu 3 weeks

Binance seemed shady. They even had binance usa for usa ppl

Robert
Robert 1 weeks

UK's loss. UK people will put their money into other exchanges, and have a better chance and be more motivated to evade paying tax on profits. If you allow crpyto exchanges to run in the UK, then you can monitor crpyto exchanges and you can see who is taking profit. LOL who am I kidding. UK shooting themselves in the foot, its the normal these days. They HATE money.

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FCA bans world’s largest crypto-currency exchange Binance

4 weeks