TNPSC Thervupettagam

UK bans World’s Largest Crypto Exchange

July 1 , 2021 1156 days 853 0
  • The Financial Conduct Authority of Britain has banned world’s largest cryptocurrency exchanges, Binance.
  • Binance is a cryptocurrency exchange from Cayman Islands.
  • It provides a platform to trade several cryptocurrencies.
  • It was founded in 2017.
  • This cryptocurrency exchange was founded by Changpeng Zhao.
  • It was initially based in China.
  • But due to increased regulation of cryptocurrency in China, it moved headquarters out of China.

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