Crypto Market Update - Binance, Coinbase & The UK Government

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This week has seen some interesting news events, with Binance CEO Changpeng Zhao hitting back against false reports by Nikkei that the Japanese Financial Services Agency may be about to order the Hong Kong-based firm to cease offering services in the country since it is not registered with the regulator. Coinbase has received its E-money licence in the UK, adding Faster Payments, speeding up fiat deposits and withdrawals. The UK Government is launching a Crypto Task Force, which many see as a positive event, potentially minimising crypto-asset risk, and harnessing the benefits.

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