Binance - No longer allowing Staking, Liquidity Pool Farming -etc (United Kingdom)!!

I received this email from Binance today 06/03/2023 - just a few minutes ago? What a load of sh1t!!! Is this legit? I have also received notifications saying the same on my phone.

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Fellow Binancian,

Binance constantly evaluates its product offerings as the regulatory landscape evolves because we want to ensure our products are welcomed by our users and local regulators. Therefore it is necessary we make changes to the availability of certain products in certain regions from time to time.

We are writing to notify you that new subscriptions to the following products are no longer be available in your region, and redemption of existing subscriptions will be as follows:

• Liquidity Farming: you can redeem and withdraw your liquidity before 08:00 (UTC) on 31 March 2023. Thereafter, your deposits in the liquidity pools will be automatically redeemed to your spot wallet, and calculated based on the prevailing composition ratios of the pool. Please be reminded that all liquidity farming positions are exposed to changes in composition ratios due to the nature of liquidity pools; you can find out more here.
• Flexible Simple Earn, Flexible DeFi staking and BNB Vault: the digital assets you used to subscribe will be returned to your spot wallet, together with any accrued rewards, at 08:00 (UTC) on 28 April 2023.
• Locked Simple Earn and Fixed DeFi-staking: the digital assets you used to subscribe will be returned to your spot wallet, together with any accrued rewards, at the end of their respective subscription terms as usual.

You can continue to access our other products, and this does not affect Binance’s continued investment in developing the blockchain and digital assets industry. We take our commitment to our users and to regulatory compliance seriously and we would like to take this opportunity to thank you for your continued support.

Should you have any queries, please reach out to our Customer Support Team for assistance.

Kind regards,

Binance Team

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