Binance Expands Operations in the UK Despite Regulatory Challenges

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Binance Expands Operations in the UK Despite Regulatory Challenges

Paraphrased Text: Binance, the leading cryptocurrency exchange platform globally, is pushing forward with plans to establish a presence in the United Kingdom. Despite cancelling its subsidiary's registration with the Financial Conduct Authority (FCA), Binance has recently launched a new domain specifically tailored for its UK customers. This move aligns with the evolving regulatory landscape in the country. The platform aims to comply with UK regulations by exclusively offering services that adhere to local standards, including fiat and crypto transactions, margin trading, spot trading, non-fungible token (NFT) markets, conversion, Binance Play, crypto lending, and Launchpad.