Plainly stating, Binance will survive.
Just this week, Binance gained 8.5% on its outperforming token Bitcoin, which was lost by 0.6% and Ethereum that achieved by a margin of 0.7%.
Finally, it is improbable that the FCA will extend its rules to a broader territory exceeding the UK.
Although the FCA published a standpoint that will induce banks against the crypto exchange, this only leaves room for other exchanges to operate. Business Must go on.
Binance continues to face stricter regulations in several countries, citing sighting its high fraud risk. However, unlike the UK, none of these impositions is targeted at retail investors.