Binance’s UK subsidiary withdraws FCA registration as European exodus continues

Binance said in a June 19 email shared with CryptoSlate that the exchange’s United Kingdom subsidiary, Binance Markets Limited (BML), has canceled its registration with the country’s Financial Conduct Authority (FCA).

Binance has no authorized entity in the UK

According to the spokesperson, BML held various FCA permissions for activities it never carried out or offered in the U.K. It added: