The United Kingdom’s Financial Conduct Authority (FCA) has restricted Binance’s local partner, Rebuildingsociety.com, from approving financial promotion content from an ‘unauthorized’ persons.
Per information on the regulator’s website, Binance’s UK affilate, Rebuildingsociety.com, must rescind any prior approvals granted to unlicensed entities. The FCA further directed the company to notify its clients that it cannot endorse content from unauthorized individuals or entities and must retract any advertisements promoting its services to approve financial promotions.
Rebuildingsociety.com must obey the above orders by 5 PM BST on Oct. 11. The firm must also write the authorities before Oct. 13, showing that it has complied with these requirements.
Rebuildingsociety.com has yet to reply to CryptoSlate’s request for comment as of press time.
Does this affect Binance?
On Oct. 6, Binance unveiled a dedicated page tailored to its U.K. clientele. Alongside this, the firm announce
We współpracy z: https://cryptoslate.com/fca-restricts-binances-uk-partners-ability-to-approve-crypto-ads/
