Hong Kong Next to Issue Binance Warning
16 Jul, 2021•1 min read•Regulation
Hong Kong’s markets regulator became the latest to warn that crypto exchange Binance is not registered to operate in its jurisdiction.
The Securities and Futures Commission said Friday that no entity in the Binance Group is registered to conduct any regulated activity in Hong Kong. The announcement follows a string of similar warnings from regulatory bodies elsewhere, including the U.K. and Japan, as well as many major banks blocking their customers from using their cards on Binance's platform.