id author title date pages extension mime words sentences flesch summary cache txt www-cnbc-com-3599 Cryptocurrency exchange Binance banned by UK regulator .html text/html 1167 141 65 Britain's Financial Conduct Authority said that Binance Markets Limited "is not permitted to undertake any regulated activity in the U.K." LONDON â€" Cryptocurrency exchange Binance has been banned from operating in the U.K. by the country's markets regulator, in the latest sign of a growing crackdown on the crypto market around the world. Britain's Financial Conduct Authority said Saturday that Binance Markets Limited, the U.K. division of Binance, "is not permitted to undertake any regulated activity in the U.K." "Binance Markets Limited withdrew their 5MLD application on 17 May 2021 following intensive engagement from the FCA," a spokesperson for the FCA told CNBC. Though Binance Markets Limited is banned from offering regulated services in Britain, non-registered firms can still interact with U.K. consumers. A Binance spokesperson told CNBC: "The FCA U.K. notice has no direct impact on the services provided on Binance.com ... ./cache/www-cnbc-com-3599.html ./txt/www-cnbc-com-3599.txt