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[AudraMiller]

Recently there has been an on and off relationship with the binance cryptocurrency exchange platform as well as the regulatory department in the united kingdom. After recently being banned from operation within the country, due to regulatory measures not being met, the exchange platform was recently given the go ahead to continue their operation. However it seems that this go ahead was not given with open arms as the financial conduct authority has issued a warning to the citizens stating that binance exchange platform is not able to have effective management. This is said as the exchange is a major financial risk. What are your thoughts on this? and why do you think binance was allowed to operate again with such a negative view on the exchange?

 

[Josemendez]

I have read several times about UK and Binance issues but it seems that they have resolved the issue and UK citizens can be able to trade in Binance

 

[GoldenLady]

Recently there has been an on and off relationship with the binance cryptocurrency exchange platform as well as the regulatory department in the united kingdom. After recently being banned from operation within the country, due to regulatory measures not being met, the exchange platform was recently given the go ahead to continue their operation. However it seems that this go ahead was not given with open arms as the financial conduct authority has issued a warning to the citizens stating that binance exchange platform is not able to have effective management. This is said as the exchange is a major financial risk. What are your thoughts on this? and why do you think binance was allowed to operate again with such a negative view on the exchange?

'Not financial advice', that's the problem. Even if the regulatory body permits binance and cryptocurrency operations, they may not openly endorse it to avoid any future legal implications

 

[CrazySher]

Recently there has been an on and off relationship with the binance cryptocurrency exchange platform as well as the regulatory department in the united kingdom. After recently being banned from operation within the country, due to regulatory measures not being met, the exchange platform was recently given the go ahead to continue their operation. However it seems that this go ahead was not given with open arms as the financial conduct authority has issued a warning to the citizens stating that binance exchange platform is not able to have effective management. This is said as the exchange is a major financial risk. What are your thoughts on this? and why do you think binance was allowed to operate again with such a negative view on the exchange?

I don't what the exact problem of Uk with Binance. They are in talks few months before and I think they solve the matter so people can trade easily.

 

[Josemendez]

Other countries have followed the footstep of UK Regulators in suing Binance and preventing their activities in the country. This has made them think of registering under the Regulators

 

[LutherKing]

Well I don't think there is an issue the exchange service is fine and many exchanges can't be compared I hope they will get out of this soon

 

[Acrosin]

I don't know their issues with Binance. Binance has been awesome to me since I have started to use it. Does the UK think the company is not totally safe or will it affect their economy? I think they can find a way to come to terms.

 

[Josemendez]

I don't know their issues with Binance. Binance has been awesome to me since I have started to use it. Does the UK think the company is not totally safe or will it affect their economy? I think they can find a way to come to terms.

It is all about security . Since cryptocurrency involves Fiat to cryptocurrency transaction , regulators saw the need for this to be regulated.

 

[Wisdom01]

Instead of the flunctuatong decision by the country ,I think they should just make a single decision if investors should invest on the exchange platform or not , and binance should also get license to operate

 

[AudraMiller]

only 16 are left

this is one of way to do it

fact

what are your thoughts on it

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