Global Trade Alert
Global Trade Alert

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

Announcement

26 Jun 2021

On 26 June 2021, UK’s Financial Conduct Authority (FCA) banned Crypto Exchange Binance from doing business in the UK.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jun 2021

Revocation date:

No revocation date

Announced: 26 Jun 2021
FDI: Treatment and operations, nes In force
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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