The UK’s Financial Conduct Authority (FCA) has ordered cryptocurrency exchange Binance to stop undertaking any regulated activity in the country as Binance Markets Limited and the Binance Group reportedly do not hold authorization to conduct regulated activities in the UK.
In India, cryptocurrency investments grew from about $200 million to nearly $40 billion in the past year, despite outright hostility toward the nascent asset class from the country’s central bank and a proposed trading ban.
Switzerland-based investment product provider 21Shares is launching the world’s first Solana exchange-traded product (ETP) under the ticker “ASOL.”
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Top stories in the Crypto Roundup today:
- UK Financial Watchdog Bars Binance From Offering Regulated Crypto Products
- Crypto Investments in India Grew to Nearly $40 Billion in the Past Year
- 21Shares to Launch World’s First Solana Exchange-Traded Product
- Daily Movers – ETH, LRC, ICP
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