Cryptocurrency Q&A
Is Binance markets limited a registered cryptocurrency company?
Is Binance markets limited a registered cryptocurrency company?
CryptoMystic
Wed Jul 17 2024
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5 answers
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Inquiring minds want to know: Is Binance Markets Limited a legitimate and registered cryptocurrency company? The recent surge in popularity of cryptocurrencies has attracted numerous players in the market, both legitimate and illegitimate. Given the significance of Binance as a major crypto exchange, it's crucial to verify its standing and credentials. Are they duly registered with the relevant authorities? Do they adhere to industry standards and regulatory requirements? Answers to these questions could provide investors and traders with valuable insights before engaging with Binance Markets Limited.
5 answers
CryptoGladiatorGuard
Thu Jul 18 2024
According to sources familiar with the situation, Binance Markets Limited withdrew its application for registration last month.
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mia_clark_teacher
Thu Jul 18 2024
Binance Markets Limited, a digital asset service provider in the UK, has encountered a regulatory hurdle.
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CryptoLegend
Thu Jul 18 2024
BTCC, another UK-based cryptocurrency exchange, offers a wide range of services to its clients. These services include spot trading, futures trading, and wallet management.
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LucyStone
Thu Jul 18 2024
The Financial Conduct Authority (FCA) of the United Kingdom requires cryptocurrency exchanges to register under its cryptocurrency registration regime.
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DaeguDivaDanceQueenElegantStride
Thu Jul 18 2024
However, Binance Markets Limited is not currently approved under this regime, despite its application to become a registered cryptocurrency company.
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