Binance banned from doing business in UK

Re:Binance banned from doing business in UK by joejerryronnie on Sunday June 27, 2021 @10:06PM (#27657375)

Wait, the law firm has agreed to give you/pay you in BTC, but they won’t deposit it into a hardware wallet address you provide them? Why do they even care?

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Re:Binance banned from doing business in UK by lnanek2 on Sunday June 27, 2021 @10:26PM (#27657472)

They likely don't implement any BTC support themselves, just have some other company do it that only supports exchanges?

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Re:Binance banned from doing business in UK by lupire on Sunday June 27, 2021 @10:50PM (#27657591)

I'm guessing the law firm is facilitating a transfer, like someone trying to buy a house with crypto, or distribute an inheritance.

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Re:Binance banned from doing business in UK by Mengkudulangsat on Sunday June 27, 2021 @11:44PM (#27657908)

Yup. As for why they would care, something to do with the recent FATF travel rule I suppose.

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