Cryptocurrencies

Cryptocurrency Exchange Binance to Stop Support for Stock Tokens

  • Hong Kong warns stock tokens are subject to local regulation
  • Investors may sell or hold the tokens over the next 90 days

The Binance Exchange website.

Photographer: Tiffany Hagler-Geard/Bloomberg
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Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.