{"id":4773,"date":"2022-02-16T16:36:15","date_gmt":"2022-02-16T15:36:15","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/02\/16\/binance-access-to-uk-payments-network-worries-city-watchdog\/"},"modified":"2022-02-16T16:36:15","modified_gmt":"2022-02-16T15:36:15","slug":"binance-access-to-uk-payments-network-worries-city-watchdog","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/02\/16\/binance-access-to-uk-payments-network-worries-city-watchdog\/","title":{"rendered":"Binance access to UK payments network worries City watchdog"},"content":{"rendered":"<p>FCA says it has limited powers to object to Paysafe deal despite concerns about cryptocurrency platform<\/p>\n<p>The City watchdog has raised concerns about a deal to give the cryptocurrency platform Binance access to the UK payments network just months after it ordered the company to stop all regulated activities in Britain. <\/p>\n<p>The <a href=\"https:\/\/www.theguardian.com\/business\/financial-conduct-authority\">Financial Conduct Authority<\/a> said it had limited powers to object to the arrangement with Paysafe, a London-based payments provider, despite its concerns about Binance offering complex and high-risk investments to consumers.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/feb\/16\/binance-access-to-uk-payments-network-worries-city-watchdog-fca-playsafe-cryptocurrency\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/20c7b6fac887fbc1dda0b0ee9c647065cf0d1a58\/0_346_5184_3110\/master\/5184.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=16c7d8b497b5ce065c687b55a2a80907\" title=\"Binance access to UK payments network worries City watchdog\" \/>FCA says it has limited powers to object to Paysafe deal despite concerns about cryptocurrency platform<br \/>\nThe City watchdog has raised concerns about a deal to give the cryptocurrency platform Binance access to the UK payments network just months after it ordered the company to stop all regulated activities in Britain.<br \/>\nThe Financial Conduct Authority said it had limited powers to object to the arrangement with Paysafe, a London-based payments provider, despite its concerns about Binance offering complex and high-risk investments to consumers. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FCA says it has limited powers to object to Paysafe deal despite concerns about cryptocurrency platform The City watchdog has raised concerns about a deal to give the cryptocurrency platform Binance access to the UK payments network just months after it ordered the company to stop all regulated activities in Britain. The Financial Conduct Authority &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/02\/16\/binance-access-to-uk-payments-network-worries-city-watchdog\/\"> <span class=\"screen-reader-text\">Binance access to UK payments network worries City watchdog<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":4774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4773"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=4773"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/4773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/4774"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=4773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=4773"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=4773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}