Originally Posted by
Ben Rhimene
The UK has informed Binance they are not allowed to engage in any regulated activity. Apparently Japan may have given them a similar warning recently.
IMO these are the initial steps the G7 will take against private interests while developing a national digital strategy. Citi recently put out a good piece on this: there are now nearly 5,000 digital curremcies available, up from a few dozen in 2013. Market value is worth a few trillion dollars. Getting too big to ignore.