The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.
www.bbc.co.uk
lol,do these legacy bankers actually believe the internet has borders lol
Not everyone will want to use a VPN to get around this, especially if you get caught they could just seize your funds.
I have no problem with futures trading getting banned here. Crypto futures on binance is nothing more than a casino, trading with leverge is terrible for peoples health.
Nothing wrong with leverage if you know how to use it.
Retail traders in FX and Crypto derivatives on high leverage is a recipe for disaster though.
Thats why binance has been targeted by the FCA....retail traders on leverage losing money = complaining.
they cant ban anything,
they will probably just close their london offices and move to an eu crypto friendly country like portugal,malta or latvia.
london is on its arse as a financial hub!
The FCA is rapidly falling behind as an FX or Crypto friendly jurisdiction.
If you ask them what you can do...ask for guidance on launching something...question even language on your website...
...they basically tell you that once youve done it they will decide.
The whole Crypto license situation is a total joke.
Yeah, London is over as a finacial hub. Nothing says strong and reliable Financial Powerhouse like being based in Malta or Latvia, that will show the squares who are hung up on "legality" and "not wanting to lose all their savings"
Andrew Ridgeley chats less Wham than you lot do.
What credentials do you have to support your opinion?
Sorry Mate. I am new to all this Crytocrimecash scam thing,
Forgive me, I haven't even put a contract out on any one yet let alone traded in Filipino women
Just racism then...
decrypt.co
