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Binance said in a June 19 email shared with CryptoSlate that the exchange’s United Kingdom subsidiary, Binance Markets Limited (BML), has canceled its registration with the country’s After deregistration, no Binance entity is authorized by the FCA to provide any services in the United Kingdom, the regulator stated on its website. According to the FCA Binance has canceled its registration process in the United Kingdom, the country’s regulator Financial Conduct Authority (FCA) confirmed on its official website. Binance’s U.K. subsidiary, Binance Markets Limited [BML], is no longer authorized to cater to clients, according to the Financial Conduct Authority. As stated on the U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country.

Binance Cancels UK Registration: No Longer Authorized to Operate

The Financial Conduct Authority (FCA) has confirmed that Binance's U.K. subsidiary, Binance Markets Limited [BML], is no longer authorized to cater to clients in the United Kingdom. As stated on the U.K.'s Financial Conduct Authority website, Binance's local unit is no longer authorized to provide any regulated services in the country. This follows Binance canceling its registration process in the United Kingdom, as the country’s regulator, the Financial Conduct Authority (FCA) confirmed on its official website.

Binance said in a June 19 email shared with CryptoSlate that the exchange’s United Kingdom subsidiary, Binance Markets Limited (BML), has canceled its registration with the country’s regulator. The implications of this decision are significant for Binance users based in the UK.

According to the FCA, Binance has canceled its registration process in the United Kingdom. This means Binance’s U.K. subsidiary, Binance Markets Limited [BML], is no longer authorized to cater to clients, according to the Financial Conduct Authority.

After deregistration, no Binance entity is authorized by the FCA to provide any services in the United Kingdom, the regulator stated on its website. Investors are strongly advised to exercise caution and fully understand the implications of Binance's withdrawal from the UK regulatory framework.

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