Binance, its subsidiary in the UK Binance Markets Limited‘of regulatorrecord cancelled.
Cryptocurrencymarket is trying to recover after tough days. SEC The effects of the lawsuits filed by Binance and Coinbase are still not over. About 2 weeks after the lawsuits, rumors about how the processes would progress started to multiply. Binance is looking for ways to act in harmony with the global regulatory framework.
Finally Binance, United Kingdomfrom the Financial Conduct Authority (for its subsidiary) FCA ) requested license cancellation. Now Binancenone of the organizations United KingdomIt does not have an operational approval in .
Binance Unregistered from the UK
Binance, its subsidiary in the UK Binance Markets limited revoked his license. applying to the FCA Binance has officially withdrawn the approvals of the stock market side arm. Now Binance, in the UK It is not an approved organization.
Moreover Binancethrough its subsidiary Unified in the Kingdom Although it was licensed, it never started to offer services. That’s why Binance has no clients in the UK. Binance’s license in the UK, FCA in 2021was approved by
Having a fierce legal battle with the SEC Binance reconsiders its global operations. Binance, which has terminated many of its initiatives, prefers to renew some of its initiatives.
Moreover SEC, Recently Binance BASE had agreed with. According to this agreement Binance BASE, Binance Global from Holdingsseparated.
