Explainer: Binance, the giant crypto exchange under regulatory scrutiny

FILE PHOTO: The logo of Binance is seen on their exhibition stand at the Delta Summit, Malta's official Blockchain and Digital Innovation event promoting cryptocurrency, in St Julian's, Malta October 4, 2018. REUTERS/Darrin Zammit Lupi

LONDON (Reuters) - Britain's financial watchdog has barred major cryptocurrency exchange Binance from carrying out regulated activities, the latest in a string of moves against the platform by authorities across the world.

Here are answers to some key questions on Binance, one of the world's biggest exchanges, and what the latest regulatory moves mean.