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FCA bans world's largest crypto-currency exchange Binance


BBC News
By Mary-Ann Russon
image copyrightAlamy
Binance, the world s biggest cryptocurrency exchange, has been banned by the UK s financial regulator.
The Financial Conduct Authority (FCA) has 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 FCA notice would have no direct impact on the services it provides from its website Binance.com.
Binance s existing crypto exchange is not UK-based so despite the FCA ruling, there will be no impact on UK residents who use the website to purchase and sell cryptocurrencies. ....

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FCA bans world's largest crypto-currency exchange


news
FCA bans world s largest crypto-currency exchange
Binance, the world s biggest crypto-currency exchange, has been banned by the UK s financial regulator.
The Financial Conduct Authority (FCA) has 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.
This comes amid pushback from regulators around the world against crypto-currency platforms.
Binance.com is an online centralised exchange that offers users a range of financial products and services, including purchasing and trading a wide range of digital currencies, as well as digital wallets, futures, securities, savings accounts and even lending. ....

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Divi partners with StakeHound for Ethereum DeFi access

Divi partners with StakeHound for Ethereum DeFi access
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