![]() ![]() UK investors can still access Binance via its main website, which the FCA does not have powers over. "At the moment the method is to emphasise risks to investors in the UK of these services rather than to regulate them outright," said Barney Reynolds, a lawyer at Shearman & Sterling. The Binance spokesperson said it takes its compliance obligations very seriously and is committed to following all regulatory requirements wherever it operates.īeyond a loud warning to investors, the FCA has done all it can under its limited powers over an offshore exchange, experts say. "(The FCA) don't have jurisdiction over the whole of Binance's operations, so they use the point where they do have jurisdiction and put pressure on the business there." "It's very difficult," said Simon Treacy, senior lawyer at Linklaters. Yet national regulators often struggle to rein in crypto exchanges based elsewhere, lawyers said. ![]() Justice Department and Internal Revenue Service. In May, Bloomberg reported Binance is under investigation by the U.S. Only time will tell, however, you can keep yourself updated with all the news on Binance only on CryptoTimes.Japan's regulator said last week Binance was operating in the country illegally, while Germany's watchdog said in April it risked being fined for offering tokens connected to stocks. ![]() Is Binance doing all this to improve its image in the market because of the filing of SEC’s lawsuits? Or is it just a way to keep the community engaged and attract more users on the platform? Sign up for a Binance account and put your clicking skills to the test today! Don’t miss out on this opportunity to win one bitcoin in token voucher. The Bitcoin Button Game is a captivating and free-to-play experience exclusively available for Binance users. Additionally, the platform may modify or cancel activities and game rules at its sole discretion. Binance reserves the right to disqualify anyone found cheating or acting with malicious intent. It’s important to note that each Binance and Twitter account user is allowed to click the button only once. The tweet must include a screenshot of the game page displaying the “Click Timer” and an interesting Bitcoin fact, along with the hashtags #BitcoinButton and #Binance. Moreover, participants can join Activity B and share their game results on Twitter for a chance to win a share of $10,000 in BTC token vouchers. They need to be part of the Binance English Telegram group or the Binance Discord server, engage in discussions about the biweekly community puzzles, and complete a form to qualify. By joining Activity A, eligible users can have a shot at winning $5,000 in BTC Gift Cards. With every successfully solved puzzle, players earn an additional attempt.īinance also rewards participants who share their game results. ![]() The Basic Missions include completing identity verification and referring a friend, while the Advanced Missions involve solving community puzzles. Timing is crucial to secure the win.īut here’s the exciting part: participants can increase their chances of winning by completing various missions. It’s essential to carefully read and understand the game rules before clicking the Bitcoin Button at the right moment. To take part in the Bitcoin Button Game, Binance users need to visit the dedicated game page and sign in with their Binance account. □ When the timer runs out, it's game over ![]()
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