Financial Conduct Authority sanctions Binance cryptocurrency exchange

UK regulator continues its battle against cryptocurrency with ominous warning for consumers

The UK Financial Conduct Authority (FCA) has delivered a blow to the cryptocurrency bubble after banning Binance from operating in the country. Binance, the world's biggest cryptocurrency exchange, has been blacklisted by the FCA and is forbidden from undertaking regulated activity in the UK. Binance must now ask the FCA for prior written consent before…

Bitcoin | Crypto | Cryptocurrency | Ethereum | Financial Conduct Authority