u.today
According to the data provided by the Bloomberg Terminal, Hong Kong has become the most recent country that has banned Binance crypto trading behemoth from performing regulated activities.
The statement comes from the Hong Kong Securities and Futures Commission.
HONG KONG'S SFC SAYS NO ENTITY IN THE BINANCE GROUP IS LICENSED OR REGISTERED TO CONDUCT "REGULATED ACTIVITY" IN HONG KONG
— *Walter Bloomberg (@DeItaone) July 16, 2021
Earlier, U.Today reported that the UK, Malta and Italy had prohibited the crypto exchange to provide services to their citizens. Besides, large UK banks have ceased cooperating with Binance.
According to insider Colin Wu, Binance will now stop offering stock token trade due to issues with the German regulator as well.