FCA Confirms Binance Complied With Requirements, Still Banned in UK
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Binance Markets has complied with all aspects of the requirements imposed by the Financial Conduct Authority, the agency said in an updated press release. While the exchange indeed enhanced its regulatory policy by mandating all users to pass the KYC verification, the UK's watchdog says the exchange is still not permitted to undertake any regulated activity in the UK.

"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," the regulator said.

Binance Denies Market Manipulation Allegations

Earlier, Binance drew scrutiny from regulators around the world over unauthorized activity of affiliated companies. As of press time, watchdogs of Hong Kong, Poland, Malta, Italy, Cayman Islands and Singapore issued warnings against the exchange and affiliated companies.

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