Cryptocurrency Q&A
Has the UK banned Binance?
Has the UK banned Binance?
BlockchainWizard
Sat Mar 30 2024
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6 answers
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Has the UK banned Binance?" I heard rumors about this recently, but I'm not sure if it's true. If it is true, what are the reasons for the ban? Will this affect the cryptocurrency market? I'm invested in several cryptocurrencies and am very concerned about the impact of this event. Could you please provide me with more information about this issue? Thank you very much.
6 answers
CryptoAlchemyMaster
Mon Apr 01 2024
The UK has recently introduced a new set of rules governing the promotion of cryptoasset businesses.
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GyeongjuGloryDays
Mon Apr 01 2024
These regulations enable unregulated overseas firms, such as Binance, to advertise their crypto-related services in the UK.
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ShintoSpirit
Sun Mar 31 2024
This is achieved by engaging with a local firm that has been authorised by the Financial Conduct Authority (FCA).
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CryptoTitan
Sun Mar 31 2024
The UK Financial Promotions Regime for qualifying cryptoassets took effect on October 8th, 2023.
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CryptoPioneer
Sun Mar 31 2024
This framework aims to protect investors and ensure the integrity of the financial market.
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