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Bitcoin exchange Binance banned from UK as crypto frauds double
Government keeps protecting people against ... government's own competitors.
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By Will Kirkman and Matthew Field
The Telegraph, London
Sunday, June 27, 2021
The City watchdog has banned one of the world's largest Bitcoin exchanges from operating in Britain amid mounting fears over the rise of cryptocurrency crime.
The Financial Conduct Authority ordered Binance Markets Ltd. to remove all advertising and financial promotions by Wednesday and told the firm it must not carry out any regulated activities in Britain without prior consent.
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Asante Gold Acquires Key Exploration Land
on Ashanti and Asankrangwa Gold Belts in Ghana
via Globe Newswire, Omaha, Nebraska
Friday, May 28, 2021
VANCOUVER, British Columbia, Canada -- Asante Gold Corp. (CSE: ASE / Frankfurt: 1A9 / U.S. OTC: ASGOF) reports that it has received notice from the Minerals Commission of Ghana that eight highly prospective concessions covering approximately 314 square kilometers have been recommended for transfer to Asante.
These licenses are comprised of the Diaso (104.1 km2), Juabo (59.2 km2), Manhia (18.69 km2), Dunkwa Gyimigya (32.72 km2), Gyimigya (5.52 km2), Agyaka Manso (40.0 km2), Amuabaka (28.86 km2), and Nkronua-Atifi (24.97 km2) prospecting licenses. All licenses are being acquired as issued by the Minerals Commission from Goknet Mining Co. Ltd. pursuant to the terms of agreement with Goknet dated December 28, 2016.
The concessions were variously explored by Canadian exploration juniors Nevsun Resources, Tri-Star Gold, and Golden Rule Resources in the late 1990s and most recently by PMI Gold Corp. (now Galiano Gold) from 2002 through August 2014, when rights to the land were acquired by Goknet. ...
... For the remainder of the announcement:
The FCA's action comes just two days after the Japanese financial regulator issued a consumer warning against Binance. U.S. and German regulators have also raised concerns over the firm's activities.
The move is part of a broader crackdown on unregulated crypto activity in the UK.
In January, the FCA became the anti-money laundering and counter-terrorist financing supervisor for cryptocurrency firms. Since the beginning of the year, crypto-related businesses have been required to register with the watchdog before doing business in the UK, though most firms have been granted “temporary registration” until July.
The watchdog's Mark Steward said last week that 111 "high-risk and volatile" unregulated crypto firms were still operating in Britain, posing a "very real risk" to consumers. ...
... For the remainder of the report:
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