FCA bans crypto firm Binance

clock • 3 min read
FCA bans crypto firm Binance

The UK's financial watchdog has issued a warning to consumers that Binance Markets Limited is not permitted to undertake regulated activities in the UK. The FCA said in the brief statement that Binance Markets Limited was not permitted to undertake any regulated activity in the UK and that the firm is part of a wider Group (Binance Group). It further said: "Due to the imposition of requirements by the FCA, Binance Markets Limited is not currently permitted to undertake any regulated act...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login