32.4 C
Bangkok
Sunday, April 28, 2024

Thailand SEC Files Criminal Complaint Against Binance Crypto Exchange for Operating Without License

Business

oi-Sneha Kulkarni

|

Binance’s problems have only gotten worse as Thailand’s Securities and Exchange Commission (SEC) has filed a criminal complaint against the crypto exchange for allegedly operating without a licence in the nation.

According to an announcement on the SEC’s website on Friday, the securities regulator filed the complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD), alleging that Binance had missed a deadline for replying to an earlier warning.

Thailand SEC Files Criminal Complaint Against Binance Crypto Exchange


Binance has provided platform services for trading or exchanging digital assets via its website by matching orders, arranging for counterparties, providing the system, facilitating entry into an agreement, or matching the order for…

Read more…

Latest Articles