Changpeng Zhao, Binance’s CEO, said that the cryptocurrency exchange will expand to the UK over the next six to 18 months, despite being told by the regulator of the country to cease trading earlier this season. Zhao said that the company was looking at setting up a separate company to operate in the UK, similar […]
The world’s biggest cryptocurrency exchange has some tough work to do. It has been ordered by London’s High Court to help locate and freeze the accounts of cybercriminals who stole $2.6 million worth of cryptocurrency in a recent hack. An adjudicator conceded the solicitation of Fetch.ai, an artificial intelligence (AI) FinTech firm, for Binance to […]
Binance clients in the UK are without a fiat cash withdrawal choice on Binance again. As per the Financial News media outlet yesterday, the cryptocurrency exchange sent messages to clients, informing them that they have lost another fiat partner. However, the company apparently has not given any feedback concerning the justification for the most recent […]
Barclays has revealed it no longer backings wiring assets to Binance, one of the biggest cryptocurrency exchanges by daily volume. The bank declared its issues with wiring assets to Binance in a notice sent to its clients yesterday and moved against the exchange following an announcement by the Financial Conduct Authority (FCA) ordering Binance to […]
The Financial Conduct Authority (FCA), the UK’s financial watchdog, has told cryptocurrency exchange Binance that it needs to take a break. It had previously questioned the company’s access to the UK market, and has now formally determined that it is not permitted to be operating in the country. Binance can no longer serve British clients […]
