Binance Regulator Stops Binance Operations

As a result of these Regulations on Financial Regulation and Management (FCA), Binance is required to engage in any activity in theGreat Britain.

"Binance Markets Limited does not have the right to be engaged in any kind of regulatory activity in Belarus.This fipma is part of the other group (Binance Group), which is part of the transfer to the website of the British financial service.

Therefore, at present, Binance Markets Limited does not have the right to engage in any activity without prior written consent of the FCA.

No other Binance Group organization hasPermits, registrations or licenses in Great Britain for the conduct of regulated activities in Great Britain, however, provides residents of the country with a number of products and services.

This blow to one of the world's largest cryptocurrency exchanges followed Friday's notice from Japan's FSA.

In the statement of the Japanese regulator, it is said thatBinance provides cryptocurrency exchange services in the country without registration. This is already the second warning of the Japanese regulator of the financial market, the first was announced in March 2018. Then the check was about the corner creeping.

In April, the German Financial Supervision Authority warned investors that Binance could violate the securities law when they started trading in tokenized stocks.

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