Crypto exchange Binance hit by criminal complaint from Thai regulators

2021-07-02 22:35:08

Thailand’s financial watchdog filed a criminal complaint against cryptocurrency exchange Binance on Friday for operating a digital asset business without a licence, the latest in a string of crackdowns on the platform by regulators globally.

Thailand’s Securities and Exchange Commission (SEC) said in a statement that Binance had been operating a digital asset business “in the category of a digital asset exchange” without a licence.

In Thailand, only licensed firms are allowed to provide services related to digital

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UK’s financial watchdog orders crypto exchange Binance to stop regulated activities

2021-06-27 18:21:01

Britain’s Financial Conduct Authority (FCA) ordered cryptocurrency exchange Binance to stop undertaking any regulated activity in the country, saying the firm lacked authorization.

The exchange would not be allowed to undertake any regulated activities without the prior written consent of the FCA, the watchdog said in a statement dated Saturday.

“No other entity in the Binance Group holds any form of UK authorisation, registration or licence to conduct regulated activity in the UK,” the FCA statement

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