Does Binance work in Italy?

Binance users from Europe and the U.K. feel let down by both the exchange and their local financial institutions. On Thursday, Italy’s financial authority joined a growing list of regulators warning the cryptocurrency exchange Binance is not authorized to provide investment services in the country.

Why is Binance banned in the UK?

This is the impact Britain’s financial regulator has banned Binance, one of the world’s biggest cryptocurrency exchanges, from offering certain services in the country. The Financial Conduct Authority said in a statement on Saturday that Binance Markets Limited “is not permitted to undertake any regulated activity in the UK.”

How to buy bitcoin in the UK using Binance P2P?

Here’s a step-by-step guide on how to buy Bitcoin in the UK using Binance P2P: - Log in to your Binance account. If you don’t have an account yet, please create one. Make sure that you completed the Identity Verification process for your account. - Go to Buy Crypto and select P2P Trading. - Under Fiat, select GBP. Then, select Buy and click BTC.

How will Binance's 'Faster Payments' work in Britain?

Binance said on its website on Tuesday that users could deposit sterling via Faster Payments, a network that oversees payments and bank account transfers in Britain. The move is likely to allow the world's biggest cryptocurrency exchange to reach more customers in Britain.