https://www.entrepreneur.com/article/375889

The Financial Conduct Authority (FCA) has banned Chinese cryptocurrency platform Binance, one of the world’s largest in terms of volume, from operating in the United Kingdom as of June 30. According to The Block Crypto data cited by the Financial Times, Binance moved more than a trillion dollars in May.

The barring of Binance in the U.K. is one of the biggest moves to date by any regulator in the cryptocurrency industry.