Britain's Financial Conduct Authority said that Binance Markets Limited "is not permitted to undertake any regulated activity in the U.K."
Changpeng Zhao, CEO of Binance, speaks during a TV interview in Tokyo, Japan, on Thursday, Jan. 11, 2018.LONDON – Cryptocurrency exchange Binance has been banned from operating in the U.K. by the country's markets regulator, in the latest sign of a growing crackdown on the crypto market around the world.that Binance Markets Limited, the U.K. division of Binance, "is not permitted to undertake any regulated activity in the U.K.
The FCA spokesperson clarified that the scope of the ban was limited. Though Binance Markets Limited is banned from offering regulated services in Britain, non-registered firms can still interact with U.K. consumers. That means Binance could still offer Brits crypto trading through its website.
Cryto money is fake money
Wen lambo
AML FRAUD THIEVES
..and yet Crypto is up 8% in last 24 hours...go figure!
STFU! Features got banned.
The crypto world needs regulation to combat institutional bad actor, such as . Due to lack of regulation gets to lie and spread fake news like this one, with the aim to manipulate the market and does not get punished for such behavior.
Are there really no standards in journalism? If you had a semblance of honesty you'd re-write that headline immediately. My biggest advice to people is to stop paying attention to all legacy media: they trade in your hysteria by disseminating click-bait headlines like this.
This is why I always said media’s sucks!!! Really sucks!!! Binance is Not banned at all.. the UK just don’t allowed one of the features on the platform only!!!
Bullshit from uk fake news.
RYAN_BROWNE_ you should really correct your article.
They are not allowed to operate a UK business & they don't. As much to do with Binance not agreeing on AML regulations and change operating model as to do with the FCA. A more mature leadership at Binance would have come out with such a statement ahead of the FCA.
Fake news.
coinbase will get bigger then $coin
xrparmy
Nope
Except, they didn’t. Come on, you fell for this FUD as well. I thought you had a research team?
Ehh
Gets banned from selling trading modules.. like shorts/longs you mean..Good all exchanges should ban these products allowing people to leverage debt manipulate markets is WRONG shorting to destroy normal investors is vile
If the UK are banning then we are all buying!
This is why I don’t trust MSM there is no real journalist anymore. They literally just copy each other driving their own narrative.
I’m a little confused!
MrAndyDavis snapped my money out fast
Soon they gonna resolve it don’t be panic guys
Gone are the days when journalism was real and fact checking was creditability. Well, even global media has compromised values of research.....
You think you can stop us? Nice try but you will lose!
Organized FUD
Anyone able to clarify then if it is safe to hold GBPs with Binance in the UK in order to get their savings interest on GBPs?
FUD !!!!!! Only derivatives are 'banned' and not on We can all still trade its fine. Don't listen to the FUD
'Bitcoin should be part of every investor's portfolio' 'The fraud FIAT is inherent to the FIAT system and we can see it today in the USA...the dollar as hard money is a joke' - Ricardo Salinas Pliego RicardoBSalinas (Mexican billionaire, 3rd richest)
Media doing everything they can to mislead people that’s another proof crypto is the future
Always an opportunity again in BITCOIN
Needs Elon Musk elonmusk help? FLOKI SHIBAINU $SHIB is here !!!
Very wise decision
FUD!!!!
Poor and misleading headline
Fake news
The pto in Crypto has become slient
Spreading fake news left right and center such a bs headline.
Fake, FUD, not news. Gross. Your propaganda doesn’t work anymore.
unfollowed
Binance never alerts their customers about risk of crypto like Bitcoin , only business
Ahahhahahah great news bitches
Navi_Uptown DeDay_UPTown
Fake News.
Regulations which ban voluntary and peaceful actions are evil.
Binance and whales are friends. Bitcoin is a game and Technological Problems, Transactional Problems, Regulatory Challenges, China’s Bitcoin Crackdown, Regulating Bitcoin in the US, UK ban (Binance), scam, fraud, money laundering, not decentralized and emission. Few understand.
CNBC getting in on the cyrpto manipulation fake news cycle. Who paid you for this one ?
NOT BANNED! Bullshit Headline! Lazy-ass journalism.
XvgGee dont worry
LOL at the clickbait
Fake news
Is that why I am getting spamed with their adds on Twitter? 😁
Fake news, it’s only has to stop crypto derivatives products (leverage and futures trading). You guys suck at putting out the facts about crypto.
Anyone know if staking is being removed?
Fake news
No it DID NOT get banned. Stop spreading fake news and FUD.
False statement. Nice try, though
Do better research
UK don’t know shit USA WILL BUY ALL THE BITCOINS
NOT banned in UK. Futures Trading is restricted. Poor headline .
FUD, only their regulated part (derivates etc.)
wow
Getting scared of the power of crypto.. Take away freedom
No it is not banned, get your titles right FUDsters..
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Britain bans cryptocurrency exchange Binance from operating in the UK without 'written consent'Business Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. In fairness, their name is a lame pun. horrible Complete FUD title here. They are only considering banning futures contracts and other derivatives. All spot trading will continue until Binance ‘write a letter’!!
Source: BusinessInsider - 🏆 729. / 51 Read more »