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A comment on UK regulator clamps down on Binance. Parent comment

Re:UK regulator clamps down on Binance by csomar on Monday June 28, 2021 @05:23AM (#27659636)
> FCA is acting to protect UK citizens

More like protect their position as regulator. The UK (London) is home to many CFD exchanges which are more scammy (almost 100% scammy) compared to Binance (which is a legitimate exchange that happens to be dangerous to use if you don't know what you are doing).

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Re:UK regulator clamps down on Binance by helsinkiandrew on Monday June 28, 2021 @05:39AM (#27659733)
> that happens to be dangerous to use if you don't know what you are doing

Exactly, Binance was heavily advertising on London Transport to people who probably don't know what they were doing:

https://news.bitcoin.com/uk-bans-time-to-buy-bitcoin-ads-bus...

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Re:UK regulator clamps down on Binance by d4rti on Monday June 28, 2021 @12:31PM (#27664001)
And on YouTube targeting the UK market.
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