Binance, the world’s leading crypto exchange by trading volume has been cleared by the UK’s Financial Conduct Authority (FCA) to offer its services in the country again. FCA declared that Binance has complied with all the regulatory aspects and requirements. The update was added to the previous warning against the crypto exchange.
Source: FCA
Binance CEO Changpeng Zhao also shared the news on Twitter quoting the FCA about the exchange’s full compliance.
“25 August 2021 update. On 25 June 2021, the FCA imposed requirements on Binance Markets Limited. The firm complied with all aspects of the requirements”https://t.co/ryque3nHFb
— CZ Binance (@cz_binance) August 25, 2021
The update comes as a major relief as most of its regulatory trouble started after FCA declared its operations non-compliant. Following FCA’s warning, nearly a dozen other nations also issued similar warnings against the crypto exchange.
Zhao in recent interviews had said that the exchange’s main focus mov
Źródło: https://coingape.com/breaking-binance-cleared-uk-regulatory-body-fca/
