Binance stops selling "stock tokens" after regulatory scrutiny ...Middle East

Major cryptocurrency exchange Binance said on Friday that users can no longer to buy digital tokens linked to stocks, a day after Italian regulators joined a string of financial watchdogs to crackdown on the platform "Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens after 2021-10-14 19:55 (UTC)," the exchange said on its website, adding it would shift its commercial focus to other product offerings.

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