Thailand’s SEC accused Binance of illegal transactions

Thailand’s SEC accused Binance of illegal transactions

The Securities Commission of Thailand (SEC) announced that it has opened a criminal case against the cryptocurrency exchange Binance on charges of illegal financial transactions. Several regulators are already investigating the activities of the largest cryptocurrency exchange, but the step taken by the SEC of Thailand has become the most serious – regulators of other countries are limited to only warnings. The SEC said in a statement that the regulator sent a letter to the…

Cayman Islands regulator announced lack of license from Binance exchange

Cayman Islands regulator announced lack of license from Binance exchange

The Cayman Islands Monetary Authority (CIMA) said that the Binance cryptocurrency exchange is not licensed and licensed to operate in the country. According to media reports, the trading floor is registered in the Cayman Islands. However, CIMA said the exchange is not licensed to trade cryptocurrencies on these islands or within the British Overseas Territories. According to the department, Binance, Binance Group and Binance Holdings Limited are not under the control of CIMA. Therefore, the…