Binance, the most widely used bitcoin exchange, will be banned in the United Kingdom on Wednesday.
After a period filled with promising news and the continued growth of Bitcoin, in the past month and a half, it seems that the fall has come for the most used cryptocurrency due to Constant negative news السلبية. After a Tesla change that caused a sharp decline and banned mining in China, its use in the UK has also become difficult.
Where On June 30, the UK Financial Supervisory Authority banned Binance, He ordered him to stop working in the country. This is a well-known cryptocurrency exchange platform which has the advantage of its expansion among users due to its simple use, especially in relation to Bitcoin.
As mentioned The Wall Street JournalThe company is not entitled to carry out any activity without the prior approval of the regulatory authority. But it is not easy to be a company Different platforms, divided into several countries, include tax havens.
money exchange Through its main website It will still be allowed, but not using The different websites you own with the extension created in the UK. In any case, various warnings will appear that will discourage users. In addition, you will not be able to continue to carry out advertising campaigns through any means.
This is a step that is taken at the same time as a file is being taken Extensive research on the entire cryptocurrency world and the companies running them or facilitating their purchase and sale due to lack of regulation and potential use by criminals.
As the Wall Street Journal reported, Binance has also been banned in Japan Days ago about possible illegal activities, and in other countries, investigations have been launched to clarify exactly how it operates in the face of various suspicions.
These actions are in line with what was announced by the OCU in Spain a few days ago and its warning that cryptocurrencies on many occasions represent a risky investment and how there is Companies operating illegally in the absence of regulation. However, no steps have been taken here yet in the case of Binance.