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Binance co-founder: UK is ‘most stressful’ country for crypto regulation
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fnlondon.comThe co-founder of Binance says Britain is the “most stressful” country from the perspective of crypto regulation, as the exchange continues trying to persuade the Financial Conduct Authority to let it carry out regulated activities in the UK.
He Yi, who co founded the firm alongside chief executive Changpeng ‘CZ’ Zhao, told Financial News that the exchange had made “communicating mistakes” when applying for a licence to operate in Britain.
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