- Binance has caught the ire of many different global regulators.
- U.S. regulatory hostilities have the firm looking to the UK.
- The UK is preparing to be a hub for crypto and potentially a home to Binance.
Many crypto household names have found themselves in the sites of the SEC and other U.S. regulators, including Binance. However, the hostile regulations make the world’s biggest exchange look to different shores.
Binance’s chief strategy officer Patrick Hillmann said, in the same breath, that the U.S. “has been very confusing over the past six months” and that the exchange would do “everything we possibly can” to be regulated in the UK.
As the U.S. continues to drive crypto companies away, the UK is working to open its doors.
UK More Agile Than EU?
At the same conference where Hilmann condemned the U.S.’s stance, London City minister Andrew Griffith said there were regulatory…
