Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report

Binance Hires in UK, Plans to Seek FCA Approval for Launch: Report
Just months after the U.K.’s Financial Conduct Authority (FCA) said Binance should not be operating in the country, the world’s largest crypto exchange said it has hired staff and plans for file for regulatory approval. CEO Changpeng “CZ” Zhao told the Sunday Telegraph that relations have improved since its ban in June.“We’re making a number of very substantial changes in organisational structures, product offerings, our internal processes, and the way we work with regulators,” Zhao said. “We want to continue to establish a presence in the U.K. and serve U.K. users in a fully licensed and fully compliant manner.”One option…