Hey all. It seems that more banning of the entire Binance group within the UK is relatively imminent. Was provided the following link by Santander after discussing their decision to ban payments to Binance when I visited one of their branches in person.
“No other entity in the Binance Group holds any form of UK authorisation, registration or licence to conduct regulated activity in the UK.
The Binance Group appear to be offering UK customers a range of products and services via a website, Binance.com.”
The Santander representative I talked to said that their internal memos suggest that the entire Binance group is going to be banned first by other banks and then secondly by the FCA in the coming weeks. What do you all think?