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...

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