Binance Not Allowed to Operate in the UK

Last Updated: August 26, 2021

Bobby

Bobby

Binance Not Allowed to Operate in the UK
EarthWeb is reader-supported. When you buy through links on our site, we may earn an affiliate commission.

Binance is not officially allowed to be operating in the UK, according to the Financial Conduct Authority. Japan just recently issued a similar warning. The FCA explained that Binance wasn’t approved to take any activity. It also mentioned that no other entity in the Binance Group has any form of authorisation or registration for the UK.

Binance

However, despite this being clear, it seems as if Binance is offering its clients in the UK services and products through its website. It responded on Twitter by saying that the notice doesn’t have a direct impact on the services that it is currently providing, and its relationship with its customers remains unchanged.

Japan has also said that they believe Binance is operating in their country without permission to do so.

Written by Bobby

Latest Stories

Get the latest from EarthWeb!

Don't worry, we don't spam