Wire · regulatory
Binance to Apply for UK Crypto License as FCA Opens New Regime
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Fusion42 · 17 August 2026 · Fusion42 review
Binance plans to apply for a cryptocurrency license with the UK's Financial Conduct Authority (FCA) under the new regulatory framework starting September 30, 2026, aiming to re-enter the UK market after being barred from regulated activities in 2021. The FCA's regime requires firms to establish a UK base and comply with strict governance, anti-money laundering, and counter-terrorist financing rules.
This Wire brief sits within Fusion42's coverage of Fintech, and 2 sources have reported it.
◆ ◆ The Wire takeaway
UK regulators are setting a clear standard for crypto firms that demand local compliance and governance. You in crypto must act now to establish a UK presence or lose access to one of Europe’s largest markets.
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2 sources · 17 Aug 2026
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