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Fiscal regulator FCA bars crypto-currency exchange – MENAFN.COM

( MENAFN )Binance, the world’s main crypto-currency exchange, has been barred by the UK’s fiscal watchdog.

The Financial Conduct Authority (FCA) has managed that the company cannot carry out any “regulated activity” in the UK.

It also released a consumer warning about Binance.com, urging people to be cautious of adverts promising high returns on cryptoasset investments.

This comes amid pushback from watchdogs approximately the world against crypto-currency platforms.

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Fiscal regulator FCA bars crypto-currency exchange – MENAFN.COM Fiscal regulator FCA bars crypto-currency exchange – MENAFN.COM Reviewed by EARTH 48 on June 28, 2021 Rating: 5

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