The UK’s Binance ban shows ‘how little control’ regulators have over sprawling crypto giants
Quick Take
- The U.K.’s Financial Conduct Authority issued a notice on June 26 barring Binance from engaging in “regulated” activities in the U.K.
- Crypto industry sources say the action is likely to have little or no consequence for the business that Binance does in the U.K.
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Author: Ryan Weeks
