(Thread) We just hosted a 1-hour press conference to share the active steps we’re taking to build upon our efforts to be more compliant with local regulations everywhere. I’d like to share these updates with you now too.— CZ 🔶 Binance (@cz_binance) July 27, 2021
Binance faces increasing regulatory challenges in numerous countries. Regulators in the UK, Italy, Japan and Cayman Islands are investigating the exchange's transactions. Its offering of equity tokens (or “stock tokens”) has caught the attention of regulators in Europe and Asia. So this month, Binance suspended trading in these tokens. In response, CZ has focused its efforts on demonstrating that the exchange is willing to cooperate with regulators.Read more:
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