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Binance, a prominent crypto exchange, has temporarily stopped accepting new UK users starting Monday due to marketing restrictions imposed by the Financial Conduct Authority (FCA) on its local partner, Rebuilding Society. The FCA had initially approved Rebuilding Society for crypto promotion, but this was quickly rescinded after the announcement of their partnership with Binance. The suspension of Binance's UK operations is a temporary measure, and the timeline for resuming new customer onboarding in the UK remains uncertain.
Binance halts user signups in the UK, after the FCA restricted a local partner's ability to approve communications for crypto companies with customers (@emilyjnicolle / Bloomberg) https://t.co/TN0KZqOIec 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/8ymgoFSnSs
Crypto exchange Binance to stop accepting new users in UK https://t.co/x8qjjn3Nbg https://t.co/jyUIX1EMlG
Binance is suspending access to its crypto exchange for new users based in the UK on Monday https://t.co/iWr3kZNBln
Binance will no longer accept new U.K. users after the country's Financial Conduct Authority imposed marketing restrictions on its local partner REBS. https://t.co/q1tP2yrc8p
Binance is suspending access to its crypto exchange for new users based in the UK on Monday https://t.co/MLabLtuZII
Binance Crypto Exchange Will Stop Onboarding UK Customers ► https://t.co/LmcdXzmv2m https://t.co/LmcdXzmv2m
💥 Binance to temporarily stop accepting new UK users after FCA restriction Binance will stop accepting new UK customers from today, in a temporary measure taken after its UK promotions approver Rebuilding Society was hit by an FCA restriction last week. Full Story →… https://t.co/EGwm7pyVkN https://t.co/FmOVK51Xz0
JUST IN: Binance will stop accepting new users from the UK — Exchange.
Binance to temporarily stop accepting new UK users after FCA restriction https://t.co/W6MpBa1hjT
Binance is suspending access to its crypto exchange for new users based in the UK on Monday https://t.co/LNikNMGvYy
JUST IN: 🇬🇧 Binance will stop accepting new UK users.
🔴 BINANCE: FROM THE 16TH OF OCTOBER 2023 AT 5PM UK TIME, BINANCE WILL STOP ACCEPTING NEW UK USERS.
🔸BINANCE- FROM 16 OCTOBER 2023 AT 5PM UK TIME, BINANCE WILL STOP ACCEPTING NEW UK USERS
JUST IN: @binance will stop accepting new U.K. users starting Monday to comply with the country's crypto marketing regime. Last week, U.K. watchdog @TheFCA said the firm's local partner was not allowed to approve crypto ads. @camomileshumba reports https://t.co/k5DSDEwFjV
UK financial regulator blocks company from approving Binance marketing https://t.co/ttrDzktCLn https://t.co/n3p1t7JeJW
Rebuilding Society, Binance's UK partner that was authorised for crypto promotion by FCA, got immediately unauthorised after they announced Binance partnership Although I dislike Binance as much as everybody else, this sounds like FCA's rules apply selectively and Note that… https://t.co/1mLNk14Hvv https://t.co/TnP2ffkooW