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Is Binance banned in the UK?

Government regulators in the UK have started to crack down on Binance, the world’s largest cryptocurrency platform by volume, with some news outlets like the BBC going so far as to call it a “ ban .” But Binance says it’s not a ban and won’t affect anything the company does in the UK. How can that be the case?

Who owns the upcoming Binance UK?

Binance Markets Limited owns the upcoming Binance.UK, a local version of Binance that would let British customers open virtual bank accounts. It was supposed to launch last summer but never received FCA approval.

How to lease a node on Binance?

Write down the seedphrase (obviously). Transfer funds from Binance via LTO-NETWORK (5lto service fee I think). After that you click on "Leasing" in the wallet and you can select a Node that you like, personally I use EdgeNode, payout is every 25.000 blocks or every 2,5 weeks.

Can Binance markets be regulated without the FCA's consent?

In a notice dated 25 June, the Financial Conduct Authority (FCA) said Binance Markets Ltd, Binance’s UK entity, “must not, without the prior written consent of the FCA, carry out any regulated activities … with immediate effect”. Binance did not respond to a request for comment on Sunday.

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