{"id":5455,"date":"2023-10-17T14:02:10","date_gmt":"2023-10-17T14:02:10","guid":{"rendered":"https:\/\/coinengineer.io\/blog\/?p=5455"},"modified":"2023-10-17T14:02:37","modified_gmt":"2023-10-17T14:02:37","slug":"binance-will-not-accept-new-users-from-uk","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/binance-will-not-accept-new-users-from-uk\/","title":{"rendered":"Binance Will Not Accept New Users From the UK"},"content":{"rendered":"

The largest crypto exchange, Binance,<\/strong> announced that it has stopped accepting new users from the UK as of 19:00 on October 16.<\/em><\/p>\n

\n

In the decision bulletin published by the FCA, the FCA stated that crypto asset firms without registration cannot promote crypto assets to UK consumers unless they operate with authorized status.<\/p>\n

\u25aa\ufe0f In its statement, the Binance<\/strong> exchange is temporarily suspending the company’s promotional activities to comply with the Financial Supervision Authority rules due to the Financial Promotion Regime which will come into effect in the UK on October 8, 2023.<\/p>\n

You might like: Uniswap Will Charge 0.15% Fee for Token Exchange!<\/strong><\/a><\/p><\/blockquote>\n

\u25aa\ufe0f This decision, among other requirements, banned the REBS from advertising Binance<\/strong> products. In the statement made by the exchange, it was stated that \u201cBinance<\/strong> is currently looking for a new authority. Various restrictions will come into effect for our exchange in the upcoming period.\u201d<\/p>\n

\u25aa\ufe0f After these statements, they did not forget to add the sentences \u201cWe are working closely with FCA, we are trying to find another suitable FCA authorized company that will approve our financial promotions as soon as possible.\u201d to their statements.<\/p>\n

\u25aa\ufe0f Binance<\/strong> had previously announced that it has withdrawn from countries such as Russia, Canada for various reasons through its announcements.<\/p>\n

\n

You can share your opinions in the comments about the topic. Also, follow us on\u00a0Telegram<\/strong><\/a>,\u00a0Twitter<\/strong><\/a>, and\u00a0YouTube<\/a><\/strong>\u00a0for more content like this.<\/p>\n","protected":false},"excerpt":{"rendered":"

The largest crypto exchange, Binance, announced that it has stopped accepting new users from the UK as of 19:00 on October 16. In the decision bulletin published by the FCA, the FCA stated that crypto asset firms without registration cannot promote crypto assets to UK consumers unless they operate with authorized status. \u25aa\ufe0f In its<\/p>\n","protected":false},"author":2,"featured_media":5454,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[22,2018,1850,1851],"class_list":["post-5455","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-exchange-news","tag-binance","tag-binance-uk-users","tag-uk","tag-united-kingdom"],"yoast_head":"\nBinance Will Not Accept New Users From the UK - Coin Engineer<\/title>\n<meta name=\"description\" content=\"The largest crypto exchange, Binance, announced that it has stopped accepting new users from the UK as of 19:00 on October 16.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/binance-will-not-accept-new-users-from-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Binance Will Not Accept New Users From the UK - 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