- Crypto exchange Binance faces new criminal charges from Thai regulators.
- In particular, the Thai SEC claims that Binance is operating illegally in the country.
- Additionally, Binance faces similar charges in the UK, Japan, and the Cayman Islands.
Binance faces a new wave of regulatory problems, this time led by Thailand. To be specific, the Thailand Securities and Exchange Commission (SEC) filed a criminal complaint against the popular crypto exchange. At the same time, regulators in Japan, the Cayman Islands and the United Kingdom have also warned about the exchange.
The Thai regulator filed a criminal complaint with the Kingdom’s Royal Thai Police (ECD). The Thai SEC claims that the exchange has an illegal crypto business. This is because Binance is not licensed to …
This article was first published on coinquora.com
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