Staking suddenly not allowed in UK?

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I was staking my crypto just few weeks ago, but now getting this message:
“Dear user, as per our Terms of Use and compliance with local regulations, these features are not available in your region.”
What has changed? Simple Earn and ETH2.0 staking same message.

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Posted in Binance Reddit

17 Comments

  1. Beau__69 on 18. December 2024 at 18:24

    I also asked the chat support and was told that it was only suspended for now. Luckily I have a few unlimited subscriptions but obviously not the most profitable.

     


  2. XBB32 on 18. December 2024 at 18:24

    Not suddenly… It’s been days and articles have popped up for weeks… They don’t have the needed licenses to do it… CEXs aren’t regulated at all…

    But you can Stake on the blockchains which is real staking and government can’t do anything about it

     


  3. Linkaex on 18. December 2024 at 18:24

    Staking now falls under a financial security and under regulations of the BoE. Since they promise a return. This has been all over the news the last few weeks. It started with an investigation by the FED in the US.

     


  4. XADEBRAVO on 18. December 2024 at 18:24

    I got the same thing, odd

     


  5. [deleted] on 18. December 2024 at 18:24

    Australia as well? Anyone know if this will come back anytime soon?

     


  6. Timmy_B666 on 18. December 2024 at 18:24

    Binance australia has stopped staking as well

     


  7. Raj_UK on 18. December 2024 at 18:24

    Why didn’t they give advance notice of this as opposed I just activating it ?

    #sighs

     


  8. wildyam on 18. December 2024 at 18:24

    Hmm weird there isn’t an announcement to go with the change…

     


  9. [deleted] on 18. December 2024 at 18:24

    [removed]

     


  10. TheseWar5793 on 18. December 2024 at 18:24

    Worse than this, Binance Will block your whitdraw when they wants,It happen to me,they ask me for confidencial informatión as my testament and if you don’t do al your criptos are blocked,be carefull.

     


  11. TheseWar5793 on 18. December 2024 at 18:24

    Maybe,just one yeard,but It doesn’t mean my criptos have to be stop,and can not be trade only because Binance want my testament,you better go your way,and let me explain my case,sure you are binance’s membership.chiao Bambino.

     


  12. CartographerWorth649 on 18. December 2024 at 18:24

    I guess this might lead to a way greater and more permanent outflow of funds than the previous FUD

     


  13. TheseWar5793 on 18. December 2024 at 18:24

    Simple,what happen if you can not do anything whith a cripto? That’s what I calle block and that’s what I have got,I give you my anchor protocol if you can swap It from trust wallet to another wallet. But you give me x5 if don’t.

     


  14. Sea-Order-698 on 18. December 2024 at 18:24

    I can’t even get into my binance account anymore, just glad I transferred everything out

     


  15. rakotn on 18. December 2024 at 18:24

    Guys it is in europe as well.. not just Uk .. just happened to me now as well.. shocking … but moves like that means probably leaving Binance asap

     


  16. mrtnbaker01 on 18. December 2024 at 18:24

    [https://www.reddit.com/r/binance/comments/118kx1e/staking_coins_nor_available_for_australian/](https://www.reddit.com/r/binance/comments/118kx1e/staking_coins_nor_available_for_australian/)

     


  17. Fact_or_Bollocks on 18. December 2024 at 18:24

    I live in Spain, so cannot stake on Binance, so can anyone suggest where I can stake please. Which platform or DEXs etc