Binance Isn’t Allowed to Be Operating in the UK, Watchdog Warns

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Binance shouldn’t be operating in the U.K., the Financial Conduct Authority (FCA) warned Saturday, a day after Japan financial regulator issued a similar notice to the cryptocurrency exchange.

  • Citing its own requirements, the FCA said BINANCE Markets Limited isn't allowed to undertake any regulated activities without prior written approval.
  • The FCA said it appears Binance is offering U.K. customers products and services via Binance.com.
  • On Friday, Japan’s financial regulator warned that Binance is operating in that country without permission.
 https://www.coindesk.com

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