Binance enters the UK market
Leading cryptocurrency exchange Binance will expand its operations to the UK, offering a regulated trading platform for both institutional and retail investors.
According to reports, Binance is reviewing 65 digital assets that it plans to market at the time of its launch. Investors will be able to trade these assets directly in sterling and euro.
As a regulated exchange, the Binance trading platform will operate under the supervision of the UK Financial Conduct Authority.
The platform will allow for direct deposits and withdrawals from bank accounts using the British Faster Payments Service and the Single Euro Payments Area network. This will purportedly make the platform experience smoother for all investors.
Leading cryptocurrency exchange Binance will expand its operations to the UK, offering a regulated trading platform for both institutional and retail investors.
According to reports, Binance is reviewing 65 digital assets that it plans to market at the time of its launch. Investors will be able to trade these assets directly in sterling and euro.
As a regulated exchange, the Binance trading platform will operate under the supervision of the UK Financial Conduct Authority.
The platform will allow for direct deposits and withdrawals from bank accounts using the British Faster Payments Service and the Single Euro Payments Area network. This will purportedly make the platform experience smoother for all investors.
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Perhaps the whole world of Karol, but if the owner calculated that he would embrace Russian assets on the islands, he would feel like a king among mice. I can already see a whole row of Russian investors willing to sell Bitcoin on P2P order straight from escrow. Who will be exposed to such a transaction? I don't think they will risk contact with the financial police. I also do not see, on the other hand, that the sanctions will allow the transfer of Russian assets to the stock exchange via SEPA or SWIFT, there will be no fiat transaction with the Russians. Of course, I presume that Binance has set up crypto capital for Russian investors in the UK? Well, unless some mules will lend you. But here too the circle tightens.
British? It is worth knowing that only 4.3 million of them invested in cryptocurrencies, in addition, 20 percent of them bought in the lever, just before the current crash. British media talks about the crash on the islands if these investors could not withstand the pressure of the current bear market. But maybe this is the best time to develop your business? Who knows? Apparently, it is in a crisis that the best interests are made.
Perhaps the whole world of Karol, but if the owner calculated that he would embrace Russian assets on the islands, he would feel like a king among mice. I can already see a whole row of Russian investors willing to sell Bitcoin on P2P order straight from escrow. Who will be exposed to such a transaction? I don't think they will risk contact with the financial police. I also do not see, on the other hand, that the sanctions will allow the transfer of Russian assets to the stock exchange via SEPA or SWIFT, there will be no fiat transaction with the Russians. Of course, I presume that Binance has set up crypto capital for Russian investors in the UK? Well, unless some mules will lend you. But here too the circle tightens.
British? It is worth knowing that only 4.3 million of them invested in cryptocurrencies, in addition, 20 percent of them bought in the lever, just before the current crash. British media talks about the crash on the islands if these investors could not withstand the pressure of the current bear market. But maybe this is the best time to develop your business? Who knows? Apparently, it is in a crisis that the best interests are made.
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