Cryptocurrencies
Binance Crypto Exchange Faces Scrutiny in Thailand, Caymans
- Thai SEC filed a criminal complaint against Binance Friday
- Exchange had drawn regulatory attention in the U.S. and U.K.
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Binance Holdings Ltd. is facing increasing attention from regulators, with Thailand and the Cayman Islands becoming the latest nations to weigh in on the dealings of the largest cryptocurrency exchange.
Thailand’s Securities and Exchange Commission filed a criminal complaint Friday against Binance with a division of the Royal Thai Police for operating a digital-asset business in the country without a license. The Cayman Islands’ financial regulator said Binance wasn’t authorized to operate in the territory.