Re:UK regulator clamps down on Binance
by nabla9 on Monday June 28, 2021 @11:43AM
(#27663358)
> The FCA has no enforceable jurisdiction over Binance
If it goes so fart that regulators start send subpoenas or other legal requests to banks Binance uses, those banks will comply if they want to have transactions in UK. Alternative is that all money transfers from UK will cease. Not only Binance would be cut from the UK but also other bank customers.
If it goes so fart that regulators start send subpoenas or other legal requests to banks Binance uses, those banks will comply if they want to have transactions in UK. Alternative is that all money transfers from UK will cease. Not only Binance would be cut from the UK but also other bank customers.