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Binance Seeks UK Regulation Amid US Crypto Crackdown

3 weeks ago
in CoinPedia, Crypto Live News, Crypto News
Reading Time: 1 min read
Binance Seeks UK Regulation Amid US Crypto Crackdown
Binance Seeks UK Regulation Amid US Crypto Crackdown

The post Binance Seeks UK Regulation Amid US Crypto Crackdown appeared first on Coinpedia Fintech News

Binance, a cryptocurrency exchange, has acknowledged the difficulties of operating in the United States due to increased governmental scrutiny. As a result, the corporation is currently looking for regulatory approval in the United Kingdom. Patrick Hillmann, Binance’s chief strategy officer, acknowledged the uncertainty surrounding the US market and stated the company’s commitment to regulatory compliance in the UK.

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