• Binance is not authorized to offer services in Hong Kong, according to the SFC

  • The Securities and Futures Commission of Hong Kong (SFC) is the latest authority to issue a warning against Binance. The Binance Group of firms are neither regulated or authorized to perform any kind of service in Hong Kong, according to the regulatory watchdog.

    Hong Kong has become the ninth regulator to issue a warning to Binance for operating without a license. Only a few days ago, Italy’s top regulator, CONSOB, issued a similar warning against the world’s largest cryptocurrency exchange, as its regulatory woes grow by the day.

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