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Clarification About Binance Markets Limited

Clarification About Binance Markets Limited

2021-07-01 09:00
Fellow Binancians,
Binance has updated its website and app to provide a notice about Binance Markets Limited (“BML”) as requested by the Financial Conduct Authority (“FCA”) in the United Kingdom (“UK”).
The FCA issued a notice on 2021-06-26 (UTC) (“FCA Notice”) regarding Binance Markets Limited. BML is a company incorporated in the UK and regulated by the FCA. BML is a separate legal entity and does not offer any products or services via www.binance.com.
The FCA Notice applies only to BML, as the entity is regulated by the FCA. The FCA Notice requires BML to seek prior written consent of the FCA in order to undertake any regulated activities in the UK. The FCA Notice does not apply to the products and services provided through www.binance.com, nor does it change any arrangement with our users.
We are aware of some confusion in the community and wish to provide clarity on the situation.
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.
Thanks for your support!
Binance Team
2021-07-01
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.