UK Financial Watchdog FCA Cancels Binance Permissions on Firm’s Request

“As these permissions have been unlikely to be required sooner or later, Binance Markets Restricted determined that it might be prudent to cancel them according to the FCA’s suggestions to maintain these up to date,” the spokesperson for Binance mentioned. “This resolution has no influence on Binance.com, which doesn’t personal or function any crypto companies within the U.Okay. and is simply accessible to U.Okay. shoppers on a reverse solicitation foundation.”