UK FCA restricts Binance Markets Limited and warns on Binance Group
The FCA imposed requirements on Binance Markets Limited and warned consumers that Binance Group was not permitted to undertake regulated activity in the United Kingdom without authorization. The notice did not ban Bitcoin ownership, but it became part of a broader international regulatory squeeze on a major venue used for Bitcoin trading.
The FCA imposed requirements on Binance Markets Limited and warned consumers that Binance Group was not permitted to undertake regulated activity in the United Kingdom without authorization. The notice did not ban Bitcoin ownership, but it became part of a broader international regulatory squeeze on a major venue used for Bitcoin trading.
Material access/regulatory stage involving a major Bitcoin venue, though the action concerned broader regulated activity.