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

“As these permissions were unlikely to be required in the future, Binance Markets Limited decided that it would be prudent to cancel them in line with the FCA’s recommendations to keep these updated,” the spokesperson for Binance said. “This decision has no impact on Binance.com, which does not own or operate any crypto services in the U.K. and is only available to U.K. consumers on a reverse solicitation basis.”