Category: United Kingdom

UK advertising watchdog flags crypto ads ‘red alert’ priority

UK advertising watchdog flags crypto ads ‘red alert’ priority

The United Kingdom’s Advertising Standards Authority is increasing its capacity to track misleading crypto ads using AI and scraping. 161 Total views 1 Total shares Amid the United Kingdom taking a tougher regulatory stance on the cryptocurrency industry, a major local advertising industry organization has announced a crackdown on crypto ads. The Advertising Standards Authority […]

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Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, or BML, which is a separate legal entity from the main global exchange that operates through Binance.com. 8339 Total views 12 Total shares Barclays’ decision to stop facilitating British customers’ payments to Binance has been met […]

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Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to appease regulators that require specific licenses to offer financial services to […]

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UK financial watchdog orders Binance to halt ‘regulated activity’ in the country

UK financial watchdog orders Binance to halt ‘regulated activity’ in the country

The cryptocurrency exchange has until Wednesday to comply with a new notice from the Financial Conduct Authority. 11038 Total views 6 Total shares Binance, one of the world’s largest cryptocurrency exchanges, has been ordered to cease all regulated activities in the United Kingdom following a review of its operations by the nation’s Financial Conduct Authority, […]

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