Welcome to the Tech Me

Home Home for Monday, June 28th, 2021. I'm Brian McCullough today. The UK

orders a halt to regulated activities by Binance joining everybody all of a sudden.

Qualcomm unvails the Snapchat 8-8-8.

Lenova unvails an Android tablet that works as a portable monitor and meet the activists perfecting the

craft of anti-survolence.

Here's what you miss today in the world of tech.

The hits keep on coming for crypto lately. The UK's Financial Conduct Authority

has ordered crypto exchange binance to stop all regulated activities in Britain by June 30th and has issued a

consumer alert against the company quoting the Financial Times.

Binance Markets Limited is not permitted to undertake any regulated activity in the UK, the

financial conduct authority said adding quote no other entity in the finance group holds any

form of UK authorization, registration, or license to conduct regulated activity in the UK."

Binance Markets Limited is not approved under the FCA's cryptocurrency registration regime, which is required for UK groups offering digital asset services.

The entity had applied to become a registered cryptocurrency company with the regulator, but

pulled that application last month, according to two people familiar with the

situation. The watchdog confirmed the application had been dropped quote

following intensive engagement from the FCA end quote. The FCA's focus in deciding whether or not to approve such applications is based on a review

of controls and practices to prevent money laundering and the financing of terrorism.

Binance is one of the most important operators in the fast

emerging crypto market offering a wide range of services to customers around the

world including trading in dozens of digital coins, futures, options, stock

...