Binance IS ACTUALLY BANNED In The UK (Not FUD)

On Friday 25 June, the FCA (UK's Finance Regulatory Body) has posted a warning that Binance is not permitted to undertake regulated activity in the UK.

This is very serious as this means that Binance is not allowed to continue operating legally in the UK.

Unfortunately there seems to be a lot of confusion as to exactly what this means, so I wanted to explain this in a lot more detail and hopefully that helps you understand exactly what the situation is for Binance in the UK.

SOURCES
Binance FCA Register (and Friday's note) - https://register.fca.org.uk/s/firm?id=001b000000nojfNAAQ
Financial Services and Markets Act 2000 Section 4A - https://www.legislation.gov.uk/ukpga/2000/8/part/4A
Financial Services and Markets Act 2000 Section 22 - https://www.legislation.gov.uk/ukpga/2000/8/section/22
FCA Warning on Binance - https://www.fca.org.uk/news/news-stories/consumer-warning-binance-markets-limited-and-binance-group
Money Laundering Regulations 2017 - https://www.legislation.gov.uk/uksi/2017/692/made
FCA Cryptoassets Notice - https://www.fca.org.uk/consumers/cryptoassets

💵 GREAT INVESTING APPS I USE

SIGN UP FOR ETORO (Global) - Registered for Crypto
https://med.etoro.com/B15358_A95689_TClick_SSasha.aspx
67% of retail investor accounts lose money when trading CFDs with this provider. Your capital is at risk. Other fees may apply.

GET A FREE SHARE WORTH UP TO $150 WITH STAKE (UK, Australia, NZ)
https://hellostake.pxf.io/qnA3xq
You will get a free share if you sign up using this link and deposit a minimum of £50.

GET A FREE SHARE WORTH UP TO £200 WITH FREETRADE (UK ONLY)
https://magic.freetrade.io/join/sasha-yanshin
You need to sign up and make any deposit to get the free share.

👍 SUBSCRIBE TO MY CHANNEL
https://www.youtube.com/c/SashaYanshin?sub_confirmation=1

DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.

DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.

#Binance

Видео Binance IS ACTUALLY BANNED In The UK (Not FUD) канала Sasha Yanshin