The world’s biggest crypto exchange is running into trouble everywhere ...Middle East

Quartz - Economy
The world’s biggest crypto exchange is running into trouble everywhere
Nothing symbolizes cryptocurrency’s troubles with regulators as well as the travails of Binance, the world’s largest crypto exchange by volume. This past weekend alone, it ran into obstacles in Japan, the UK, and the Canadian province of Ontario.On Friday, the Japanese Financial Services Agency issued Binance its second warning in three years that the company isn’t registered to operate in Japan. On Saturday, the UK’s Financial Conduct Authority (FCA) banned Binance Markets Limited—a British entity owned by the Cayman Islands-based Binance—from carrying out any “regulated activities” in the country. Customers can still buy and sell crypto on the parent company’s web site. But they cannot tra

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