Category: Financial Conduct Authority
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,
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Amid the recent crypto-mania, regulators worldwide have swung in action. U.K’s top financial watchdog – Financial Conduct Authority (FCA) – has asked crypto exchange Binance to stop all regulated activities on an immediate basis. The FCA has now imposed stringent requirements and is one of the most significant regulatory actions imposed by a global regulator
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Jun 2, 2021 | and Starling, Barclays, Crypto News, crypto scams, Financial Conduct Authority, Monzo, NatWest, News, Regulation News, Starling Bank, U.K Crypto Scams, U.K FCA, U.K. Crypto Ban, U.K. Crypto Crimes
Amid the rising financial crimes taking place in the United Kingdom, banks have been holding up transfers to crypto exchanges and suspending payments. A similar incident recently happened in India before RBI issued its latest clarification. In the latest development, U.K’s major banking institutions like Barclays, Monzo, and Starling restricted its users from transferring money
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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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