Binance Plans UK Return via FCA License Application

Cryptocurrency exchange Binance is reportedly preparing to submit an application to the United Kingdom's Financial Conduct Authority, seeking authorization to operate under the country's forthcoming comprehensive crypto regulatory framework. The move, first reported on August 15, could pave the way for the platform to resume regulated services for UK residents in 2027, though significant regulatory hurdles remain.

According to reports, the application is expected to be filed once the FCA opens its six-month authorization window on September 30, 2026. This window closes on February 28, 2027, ahead of the full implementation of the new regulatory regime on October 25, 2027. Filing an application is the first step in a lengthy process, and submission does not guarantee approval, permission to relaunch, or acceptance by British regulators. The FCA has not stated whether it expects to authorize Binance.

The plan marks a significant potential shift for Binance, which has been barred from conducting regulated activities in the UK since June 2021. At that time, the FCA imposed requirements on its UK arm, Binance Markets Limited, preventing it from operating without the regulator's prior...