Binance banned in UK (crypto ban UK)
Binance UK FCA: The financial regulator of Britain issued an order to Binance for stopping all its activities (Binance banned in the UK) and they also issued warnings to the consumers about using this platform which is coming under inspection globally.
FCA (Financial Conduct Authority) said Binance Markets Limited, Binance’s UK, “must not carry out any regulated activities”
Binance Twitter support (Binance response)
Binance responded with a tweet in regards to FCA reports, we are aware of the recent reports of FCA UK notice with the relation to Binance Markets Limited (BML).
Binance said, BML is a separate entity and it does not propose any products or services through the Binance website Binance.com
Binance tweeted again adding, The FCA UK notice has no direct impact on the services which are provided on their website Binance.com, our user’s relationship has not changed.
Is Binance regulated in UK?
Binance UK Regulation
The trading of cryptocurrencies is not directly controlled in the UK. Offering services like as trading of cryptocurrencies do not need authorization.
The FCA (Financial Conduct Authority) of the UK has told Binance (BML), it must display a notice on its social media channels and website binance.com by June 30 by stating, “Binance Market Limited is not allowed to take any activity (regulated) in the UK”
BMA should also secure all data or records of UK users and also it must inform the FCA by July 2 that it has been done.
Binance Japan ban
Japan’s regulation authority also told on June 25 that Binance was operating illegally in the country (a notice was displayed on Japan’s Financial services agency website).
Binance Germany warning
In Germany, its financial regulation authority BaFin also warned the exchange will be fined for the offering of digital tokens without an investor prospectus.
Binance United States
Bloomberg also reported last month about some officials from the United States Justice Department and Internal Revenue Service (who investigate tax offenses and money laundering) had asked for information from individuals related to the Binance business.
Source: News Agencies
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- Social services are only limited to social mediaSocial services in Islam In Islam, social work and social services are very popular. Our Prophet Muhammad (peace be upon him) has placed great emphasis on social services. It would not be wrong to say that doing social service is the fulfillment of a human being. If a person is deprived of feeling and empathy, […]
- Turkey Wildfire survivors trying to rebuild their livesTurkey latest news in english Turkey wildfires map About Post Author PNews360 Writing News and Articles about Politics, Trends, Climate Change, War, Crises around the World, History, Historical Figures, Sports, Social Change, and Technology. See author's posts
- Turkey Fire Latest News: Death toll rises to 8, Turkey wildfiresTurkey Fire Latest News Summary (Turkey Fire Latest News) Atleast 10 people are injured and 2 people die on Sunday Death toll rises to eight from extreme wild fires during recent days. Sicily and Greece also affected by the wildfires The death toll rose to 8 on Sunday from wildfires on Turkey’s southern coast. According […]
- Natural Disasters and Calamities in PakistanYou all know that rains have been continuing in different parts of the country for many days. Natural disasters and continuing rain is severely affecting some areas of Balochistan, Karachi, and Islamabad. When it rains, there are losses due to heavy rains. Whether the country is a superpower like the United States or the most […]
- Afghan Taliban took control of Spin Boldak border crossing PakistanTaliban holding weapons. Photo: AFP Afghan Taliban operations continue, they took control of the main corridor between Pakistan and Afghanistan. Taliban’s spokesman Zabihullah Mujahid confirmed in a statement that the operation was carried out to seize the Afghan district of Spin Boldak, which borders Pakistan. Meanwhile, the main corridor between Pakistan and Afghanistan has been […]
- Best Turkish food and Ottoman CuisinesPNews360 is going on a journey of famous Turkish food or some old Turkish cuisines during Ottoman Era or we can also call it Ottoman cuisines. I hope you will like these Turkish main dishes and after that don’t forget to give Ottoman cuisine reviews in the comment section (bottom of this page). Lying on […]
- Binance banned in UK, Binance News TodayBinance banned in UK (crypto ban UK) Binance UK FCA: The financial regulator of Britain issued an order to Binance for stopping all its activities (Binance banned in the UK) and they also issued warnings to the consumers about using this platform which is coming under inspection globally. FCA (Financial Conduct Authority) said Binance Markets […]
- Cristiano Ronaldo (CR7) removes Coke from the table Coca-Cola lost $4 billionCristiano Ronaldo has shown his strong impact on the top brand of World Coca-Cola after only one gesture where Coca-Cola lost billions of dollars. Before the opening of their game against Hungary Cristiano Ronaldo held a press conference to talk about the upcoming fixture. After arriving at the venue of the conference Cristiano Ronaldo saw […]
- Gaza: Israel starts air attacks on besieged GazaAfter a ceasefire of Israel with Hamas since 11 days of the war last month, Israel air raids on Wednesday are the first one on besieged Gaza. Israel started airstrikes on besieged Gaza but there were no casualties on both sides. The Israel army said that its aircraft raided Palestinian Freedom Fighters compounds in the […]
- Flag Day 2021: Why America celebrates Flag Day with Stars and StripesWhat is Flag day? Why Americans commemorate this Flag Day 2021 on 14 of June each year? Today is Flag Day 2021 (June 14) to tribute the Stars and Stripes and the role of the flag which has played in America’s history. The date of celebration is remarkable. The flag day on June 14 is […]
- Kyrie Irving Brooklyn Nets left game 4 with injury of right ankleBrooklyn Nets initially lost James Harden 47 secs from the Eastern Conference semifinal series with Milwaukee Bucks.Brooklyn Nets were looking to lean on the performances of Kevin Durant and Kyrie Irving to take down Giannis and theMilwaukee Bucks of their playoff series in Game 4, in order to drag ahead and get a 3-1 lead. […]
- Budget 2021 22 Pakistan : Are Pakistanis satisfied with this Budget?Are you satisfied with this budget 2021 22 Pakistan? if yes then comment your view at the bottom of this page. The PTI government was trying to entertain Pakistanis as much as they can as the budget was introduced in the National Assembly of Pakistan on Friday. PM of Pakistan Imran Khan had mentioned “All […]
- Ghotki: At least 31 people were killed in a passenger train collisionMore than 100 people were injured According to the authorities, on Monday, two passenger trains collided near Daharki city in the Ghotki district of Upper Sindh, killing at least 31 people and injuring more than 100 others. According to a spokesperson for Pakistan Railways (PR), the accident occurred around 3:30 in the morning when a […]
- PATS: Want to Participate in the Military Adventure Sports?PATS The Pakistan Army Team Spirit (PATS) is the most serious army designed to test tactical skills at competitive and professional levels and access responses on a scenario of exciting and difficult battlefields in real-time, it is a competition. It begins in 2015, which is evolving in one of the strictest tactical practices and good […]