Global Trade Alert
Global Trade Alert

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United Kingdom: Crypto Exchange Binance is banned from doing business in the UK

Description

On 26 June 2021, UK’s Financial Conduct Authority (FCA) issued a consumer warning against crypto exchange Binance Markets Limited, part of the Binance group, banning Binance from undertaking any regul...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

26 Jun 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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