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Binance Stops Accepting New Users in UK to Comply With Crypto Regulations


Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K. financial promotions...

Binance Adheres to U.K. Rules, Pauses New User Sign-Ups


Binance has announced that it will halt the acceptance of new users in line with the newly implemented cryptocurrency marketing regulations in the United Kingdom. In a Monday blog post, the largest cryptocurrency exchange in the world said that the move is aimed at ensuring compliance with...

UK City Minister Andrew Griffith Advocates Clarity in Crypto Ad Rules


UK City Minister Andrew Griffith has called for more clarity and flexibility in the country's recently enacted crypto advertising rules, according to a Financial Times report. The rules, which became effective earlier this month, are among the strictest in the world and are designed to enhance...

CFTC Sues Former CEO of Crypto Lender Voyager for Fraud


The U.S. Commodity Futures Trading Commission (CFTC) charged the former CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regulator accused Stephen Ehrlich and the company of luring investors with promises of high-yield returns while breaking derivatives rules. Ehrlich was also...

Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports


Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...

Estonia-Licensed Crypto Firms Blamed for €1 Billion in Damages


Bad actors exploited Estonia’s once liberal licensing regime for crypto companies to defraud investors and commit other crimes, an investigative report claims. The authors say they discovered dozens of such cases, including scams and schemes for sanctions evasion and money laundering. Since Tallinn...

Binance Announces UK Domain Compliant With New Crypto Promotion Rules


Crypto trading giant Binance has launched a new domain for U.K. customers under Britain’s updated regulations for financial promotions. The exchange will offer retail users in the country only those products and services that comply with the latest rules for crypto marketing. Binance Marketing...

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