Binance, the global cryptocurrency exchange giant, is currently facing significant hurdles in its attempt to re-establish a presence in the UK market. This challenge comes in the wake of regulatory changes and scrutiny from the UK’s Financial Conduct Authority (FCA). Binance and UK Regulator Standoff In a significant turn of events, Binance parted ways with […]

Binance and OKX modify operations to align with UK’s new crypto financial promotion rules.   Binance’s Compliance with UK FCA’s New Regime   Binance, a leading crypto exchange, has introduced a special domain for UK users. This move aligns with the UK Financial Conduct Authority’s (FCA) new Financial Promotions Regime, which started on October 8. […]

Bybit, a big crypto exchange, plans to leave the United Kingdom because of new rules coming soon. Why Bybit Is Leaving? The CEO of Bybit, Ben Zhou, explained that stricter regulations are causing them to leave many countries. The UK is one of those countries. Bybit recently left France due to similar reasons. Starting on […]

The UK watchdog is introducing new regulations for crypto ads and referral programs. Stricter Rules for Crypto Advertisers The Financial Conduct Authority (FCA) in the UK has announced new regulations for cryptocurrency advertisers, set to take effect from October 8. These regulations include a mandatory “cooling-off period” for first-time investors and a ban on referral […]