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Binance intends to apply for a crypto license from the UK's Financial Conduct Authority (FCA) as part of its strategy to re-enter the UK market under new regulations.
The application window for the FCA license opens on September 30, 2026, and the new regulatory regime will take effect on October 25, 2027. Firms must establish a UK presence and meet specific authorization and compliance standards.
Binance's UK entity faced restrictions from the FCA in 2021, and the exchange halted new user onboarding in the UK in 2023 following changes to financial promotion rules.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.