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Pjay |
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Pjay World Chat Champion
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The Artist Super Spammer
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Ribenapigeon |
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Ribenapigeon Super Spammer
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notbike |
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notbike World Chat Champion
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Posted: 11:10 - 28 Jun 2021 Post subject: |
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The FCA have tried to ban futures trading since a long time ago but Binance just ignored it. You can still trade futures. It's incredibly unlikely they will do anything to enforce their desire to ban futures trading. |
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The Artist |
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The Artist Super Spammer
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Posted: 12:19 - 28 Jun 2021 Post subject: |
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Ribenapigeon |
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Ribenapigeon Super Spammer
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Ste |
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Ste Not Work Safe
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Posted: 13:23 - 28 Jun 2021 Post subject: |
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As Binance don't operate from the UK, there's nothing going on which can be banned.
From their twitter...
We are aware of recent reports about an FCA UK notice in relation to Binance Markets Limited (BML).
BML is a separate legal entity and does not offer any products or services via the https://Binance.com website. (1/4)
The Binance Group acquired BML May 2020 and has not yet launched its UK business or used its FCA regulatory permissions.
For questions related to BML, please contact compliance@binance.uk. (2/4)
The FCA UK notice has no direct impact on the services provided on https://Binance.com.
Our relationship with our users has not changed. (3/4)
We take a collaborative approach in working with regulators and we take our compliance obligations very seriously.
We are actively keeping abreast of changing policies, rules and laws in this new space. (4/4)
https://twitter.com/binance/status/1409229417415680008?s=20
Their website and app now tells UK people that:
"BINANCE MARKETS LIMITED IS NOT PERMITTED TO UNDERTAKE ANY REGULATED ACTIVITY IN THE U.K. Due to the imposition of requirements by the FCA, Binance Markets Limited is not currently permitted to undertake any regulated activities without the prior written consent of the FCA. (No other entity in the Binance Group holds any form of U.K. authorisation, registration or license to conduct regulated activity in the U.K.)."
https://register.fca.org.uk/s/firm?id=001b000000nojfNAAQ#what-can-this-firm-do-restrictions
Basically, the FCA banning them doesn't have any real world implications. |
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Ribenapigeon |
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Ribenapigeon Super Spammer
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Polarbear |
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Polarbear Super Spammer
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Ribenapigeon |
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Ribenapigeon Super Spammer
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Ste |
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Ste Not Work Safe
Joined: 01 Sep 2002 Karma :
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Posted: 15:30 - 28 Jun 2021 Post subject: |
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Pretty much, the Binance Group is based in the Cayman Islands. |
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Pjay |
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Pjay World Chat Champion
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Ribenapigeon |
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Ribenapigeon Super Spammer
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xX-Alex-Xx |
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xX-Alex-Xx World Chat Champion
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MarJay |
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MarJay But it's British!
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Ribenapigeon |
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Ribenapigeon Super Spammer
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Posted: 23:30 - 30 Oct 2021 Post subject: |
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My MANA just jumped 146% on the back of Zuckerberg anouncing his Meta bullshit |
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Andy Perrett |
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Andy Perrett Crazy Courier
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Polarbear |
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Ribenapigeon |
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Ribenapigeon Super Spammer
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xX-Alex-Xx |
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xX-Alex-Xx World Chat Champion
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The Artist |
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Ste |
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Ste Not Work Safe
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xX-Alex-Xx |
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Ribenapigeon |
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The Artist |
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The Artist Super Spammer
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Old Thread Alert!
The last post was made 2 years, 124 days ago. Instead of replying here, would creating a new thread be more useful? |
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