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Crypto firms drop British registration bids amid scrutiny

A growing number of crypto asset firms are abandoning attempts to register with Britain’s financial regulator as global scrutiny of the rapidly-growing sector intensifies.

Crypto firms drop British registration bids amid scrutiny
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The Financial Conduct Authority (FCA) banned Binance, one of the world’s biggest crypto exchanges, on Friday from conducting any regulated activity in Britain as regulators across the world bolster oversight of the crypto sector.

Read more at KYC360.

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