Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is still under investigation by Japanese authorities. The investigation was first launched in March 2018, after it was revealed that the exchange had been operating without a proper license from the Japanese Financial Services Agency (FSA).
While the FSA has not yet issued any formal penalties or orders to Binance, the ongoing investigation is a clear sign that the regulator is not happy with the way the exchange has been operating in Japan. This is likely to put pressure on Binance to either obtain a proper license from the FSA, or to cease operations in Japan altogether.
NOTE: WARNING: The status of any investigation into Binance is not publicly available and may be subject to change. As such, it is not recommended to make any decisions based on speculation about whether or not Binance is under investigation. Any information regarding investigations into Binance should be obtained from official sources only.
If Binance does decide to exit the Japanese market, it would be a major blow to the cryptocurrency industry in Japan. Binance is one of the few large exchanges that still serve the Japanese market, and its departure would leave many Japanese investors without a convenient way to buy and sell cryptocurrencies.
Investors should closely monitor this situation and be prepared for the possibility that Binance may no longer be available as an option for buying and selling cryptocurrencies in Japan.
6 Related Question Answers Found
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is having issues today. The exchange has been down for over an hour, with users reporting issues accessing the site and trading pairs. Binance has not yet released an official statement on the matter, but their support team is actively responding to user reports on social media.
Is Binance Safe? It’s been a rough few weeks for cryptocurrency exchanges. First, there was the hack of Mt.
This is a question that many in the blockchain community have been asking since the launch of The World Token (TWT). While there is no official word from Binance, the world’s largest cryptocurrency exchange, on whether or not they will list TWT, there are a number of factors that suggest it is likely. TWT is the native token of The World Tokenized Network (TWTN), a decentralized platform that enables real-time, peer-to-peer transactions in any currency or asset using smart contracts.
Binance is the world’s largest cryptocurrency exchange by trading volume. It’s also one of the most popular exchanges online. But is Binance illegal?
Binance, one of the world’s largest cryptocurrency exchanges by trading volume, is being shut down. The news was announced by the company’s CEO, Zhao Changpeng, on Twitter. The shutdown is set to take place on September 12th.
Binance is one of the most popular cryptocurrency exchanges in the world. Founded in 2017, Binance has quickly become a leading name in the crypto space. But is Binance legit?
