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UK bans Binance cryptocurrency trading in the country
June 28, 2021 by archyde
The UK Financial Conduct Authority (FCA) announced the inadmissibility of the activities of one of the largest cryptocurrency exchanges in the world, Binance and its divisions in the country, and warned users of the cryptocurrency trading platform about this. The intervention of the British financial regulator was one of the most significant steps taken by the world’s regulators against Binance, a digital asset company with subsidiaries around the world, writes The Financial Times.
The FCA stated that the UK company Binance Markets “must not, without the prior written consent of the FCA, exercise