Regulator 'engaging' with Binance to understand impact

Liv McMahonTechnology reporter The FCA doesn’t regulate crypto in the same way it does traditional finance products but firms must nonetheless comply with some of its rules The UK’s financial regulator, the Financial Conduct Authority (FCA), says it is aware of the Binance hack. “While Binance wasn't registered with the FCA to provide crypto services in UK, we’re aware of the reported incident and engaging with them to understand the impact,” a FCA spokesperson says in a statement. The FCA doesn