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FCA warning on crypto exchange does little to dampen bitcoin enthusiasm

News Team, 01/07/2021

A warning from the UK financial regulator on the world’s largest cryptocurrency exchange, appears to have done little to dampen investor enthusiasm for bitcoin.

On 26 June the Financial Conduct Authority (FCA) said Binance Markets Limited is not permitted to undertake any regulated activity in the UK as it urged customers to be “wary” about cryptocurrency in general.

Binance's existing business is not based in the UK so the FCA warning will have little...


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