Thai SEC and Cayman Islands regulator take action on Binance

Cointelegraph

Published Jul 02, 2021 04:29AM ET

Updated Jul 03, 2021 06:20AM ET

Binance, the leading cryptocurrency exchange by trade volume, continues to face scrutiny from regulators regarding the legality of its operations in certain countries.

Thailand’s Securities and Exchange Commission (SEC) and the Cayman Islands Monetary Authority (CIMA) are the latest financial regulators to announce a regulatory crackdown on Binance.

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