Binance created a special domain for its users in the UK to comply with the cryptocurrency regulations to be implemented by the UK.
Binance, the world’s largest cryptocurrency exchange, is available for users in the UK. a custom domain namelaunched the. In a blog post shared by the stock exchange, it was stated that this step comply with new regulations It was stated that he was thrown for.
The UK Financial Services Authority (FCA) has announced new regulations regarding cryptocurrencies. on October 8 announced that it would come into force. Binance, enough rapport And consensus Since it could not be provided, the UK unit was transferred last June. Binance Markets Limited (BML) had his registration cancelled.
The new domain address where Binance will provide services in accordance with the regulations in the UK is “www.binance.com/en-GB” will be. The cryptocurrency exchange’s marketing and communications materials are produced by an FCA-regulated firm. buildingsociety will execute.
Binance stated that it cannot provide these services to its users in the UK due to this integration with regulatory policies:
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Gift Cards
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Binance Academy
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Binance Research
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Binance Feed
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Referral bonus system
Apart from this, cryptocurrency purchase and sale, staking And futures transactions Other features such as will be active for users in the UK.
decided by the FCA and October 8, 2023Within the scope of the new rules that will come into effect in, cryptocurrencies “limited mass investment” will be classified as and any advert or promotion’s “clear risk warnings” will need to include.