Binance, World’s Biggest Crypto Exchange, Banned from the U.K.

The Financial Conduct Authority (FCA) has banned Chinese cryptocurrency platform Binance, one of the world’s largest in terms of volume, from operating in the United Kingdom as of June 30. According to The Block Crypto data cited by the Financial Times, Binance moved more than a trillion dollars in May. [soros] Q1 2021 hedge fund letters, conferences and more Binance Banned From The United KingdomThe barring of Binance in the U.K. is one of the biggest moves to date by any regulator in the cryptocurrency industry. As informed by Fortune, Binance must make clear on all its communication channel...