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IPFS News Link • United Kingdom

Cryptocurrency Exchange Binance Banned In The UK

• https://www.zerohedge.com by Tyler Durden

The exchange has until Wednesday evening to confirm it has complied with the watchdog's demands, including removing all advertising and financial promotions, according to the FCA's register.

Binance must also make clear on its website, social media channels and all other communications that it is no longer permitted to operate in the U.K.

As part of the FCA's actions, the regulator ordered Binance to display by next Wednesday on its website that, "BINANCE MARKETS LIMITED IS NOT PERMITTED TO UNDERTAKE ANY REGULATED ACTIVITY IN THE UK." Binance Markets Limited also must "secure and preserve all records and/or information . . . relating to all UK consumers from its systems" and halt any advertising and financial promotions.


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