FCA Bans Binance’s Regulated Markets; Spot Trading Still Available

Pioneer crypto exchange Binance faces a minor setback after the Financial Conduct Authority banned its regulated market operations in the UK region. Although the ban falls under the regulated trading crypto activity category, buying and selling crypto assets remains unaffected. The FCA issued an ultimatum warning the exchange to comply with its rules or eradicate all its advertising by Wednesday. Futures, option, and tokenized stock trading are banned, but buying and selling crypto in the region continues as usual. Binance…

Binance Customers Can Now Buy Bitcoin with GBP

The renowned cryptocurrency exchange Binance is now supporting Great Britain Pounds (GBP) trading pairs on its main exchange, just two days after announcing a UK-based trading platform. On June 19, Binance announced the availability of 5 new trading pairs. The pairs to go live at 10:00 am (UTC) on June 19 include BTC/GBP, ETH/GBP, XRP/GBP, BNB/GBP and GBP/BUSD. “Binance will open trading for BTC/GBP, ETH/GBP, XRP/GBP, BNB/GBP and GBP/BUSD trading pairs at 2020/06/19 10:00 AM (UTC). Please note: The GBP is a national currency and does…