Binance Earn products now accessible to qualifying UK users following regulatory clarification
Binance, the world’s largest cryptocurrency exchange, has announced the expansion of its Binance Earn product suite to qualifying UK Professional Users, as per information shared with Finbold on August 14. The move follows UK regulatory clarifications confirming that staking is exempt from collective investment scheme classification, plus a review of exemptions under the Financial Promotions Order and Promotion of Collective Investment Scheme Order. Staking demand rises Binance can now offer UK professional users its full range of earning products, including Simple Earn (Flexible and Locked), Liquid Staking (WBETH and BNSOL), Crypto Loans, RWUSD, Super Earn, On-Chain Yields, and Soft Staking. The offering targets qualifying high-net-worth companies, investment professionals, and other exempt categories. “Professional investors in the UK have been asking for access to our Earn products, and we are excited that today we can deliver that in full comp...