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Category: FCA

Breaking: Binance Cleared by UK Regulatory Body FCA

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. Binance CEO Changpeng

The post Breaking: Binance Cleared by UK Regulatory Body FCA appeared first on Coingape.

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Binance Discontinues Stock Token Services

The largest exchange, Binance announced today that the purchase of stock tokens will be discontinued on the platform post-October 14th, i.e., within the next 90 days. Investors have been advised to clear their stock token accounts before the said timeline. Binance stock tokens included big names like Tesla, Coinbase, Microsoft, and Apple. “we will be

The post Binance Discontinues Stock Token Services appeared first on Coingape.

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UK Watchdog FCA Announces £11 M Marketing Campaign to Warn Users of Crypto Risks

UK watchdog, the Financial Conduct Authority (FCA) has announced the launch of its upcoming digital marketing campaign worth £11m to alert the younger investors in the crypto community of the risks in the crypto market. Nikhil Rathi, the chief executive officer delivered a speech at the ‘FCA’s Our Role and Business Plan webinar’. He expressed

The post UK Watchdog FCA Announces £11 M Marketing Campaign to Warn Users of Crypto Risks appeared first on Coingape.

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Is Binance in Trouble? Regulatory actions reported against Binance globally

Changpeng Zhao, Binance CEO tweeted today, how the crypto exchange giant believes in solving problems over engaging in debates or fights. However, none of Binance problems are close to a solution, instead, the arena of trouble has been expanding for Binance. The number of nations that have issued some form of regulatory warning for Binance

The post Is Binance in Trouble? Regulatory actions reported against Binance globally appeared first on Coingape.

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Just-In: Binance Reactivates Sterling Pound Withdrawals Days After Outage

Binance crypto exchange has reactivated sterling pound deposits and withdrawals just two days after the service went down. Coingape had reported earlier that the British customers were unable to withdraw or deposit the native fiat on Binance without any prior warning from the crypto exchange. The outage of withdrawal/deposit service also came amid reports of

The post Just-In: Binance Reactivates Sterling Pound Withdrawals Days After Outage appeared first on Coingape.

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U.K. Payment Network Freezes Withdrawals for Binance Customers

Two days after the FCA issued a ban on Binance operations in the United Kingdom, Binance customers are now facing problems of withdrawals. As per the latest Financial Times report, Binance’s U.K customers have lost the ability to withdraw and deposit Sterling Pounds via Faster payments, one of the country’s major payment systems. On Monday,

The post U.K. Payment Network Freezes Withdrawals for Binance Customers appeared first on Coingape.

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Cryptocurrency Holders Rises to 2.3 Million in UK; BTC, XRP, ETH Among Top Choices

Financial Conduct Authority (FCA) has confirmed an increase in the number of cryptocurrency holders in UK, arising from an increase in public interest and media coverage. Based on the findings from its recently conducted research, the FCA discovered a growing involvement of financial services players in the digital currency ecosystem, as well as increased interest

The post Cryptocurrency Holders Rises to 2.3 Million in UK; BTC, XRP, ETH Among Top Choices appeared first on Coingape.

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British Bank NatWest Launches Crypto Scam Alert for Mobile App Users

In a major development, British Westminster Bank NatWest has come to the rescue of crypto investors. In order to protect investors from dubious crypto schemes and crypto scams, NatWest has launched an ‘urgent’ crypto scam alert for its mobile app users. Users of the NatWest mobile app will be directed to a warning scheme in

The post British Bank NatWest Launches Crypto Scam Alert for Mobile App Users appeared first on Coingape.

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