Home Latest News Binance Asks For Permission to Operate in the UK

Binance Asks For Permission to Operate in the UK

1 min read
Binance UK

The Financial Conduct Authority (FCA) banned Binance from the UK in June. Now, the exchange is planning to establish itself in the UK by hiring employees and re-applying for approval, says CEO Changpeng Zhao (CZ).
Back to school - Get 20% Off
He says that the exchange is very much interested in operating in the UK, by being completely licensed by the regulatory bodies.

The plan is to set up a Binance.UK branch, along with it’s headquarters, which will be the counterpart of Binance.US. This is to ensure that the exchange is properly regulated. Most of the recent hires will be aware of the regulations and compliance laws.

Load More Related Articles
Load More By AtoZcrypto
Load More In Latest News

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

SEC Presses Charges Against Justin Sun & His Companies

On March 22, The Securities and Exchange Commission (SEC) pressed charges against the cryp…