Reuters
Britain bans Binance’s UK ops in newest cryptocurrency crackdown
LONDON (Reuters) -Britain’s monetary regulator has stated Binance, one of many world’s largest cryptocurrency exchanges, can not conduct any regulated exercise and issued a warning to customers concerning the platform, which is coming beneath rising scrutiny globally. In a discover dated June 25, the Financial Conduct Authority (FCA) stated Binance Markets Ltd, Binance’s solely regulated UK entity, “should not, with out the prior written consent of the FCA, perform any regulated actions… with quick impact”.
