Binance has become a target for regulatory action across the globe, but is it the exchange being targeted or the crypto ecosystem in general?
Is Binance crypto’s new whipping boy? Regulators in the United States, the United Kingdom, Canada, Japan, Thailand and the Cayman Islands have all recently issued warnings and even criminal complaints against the cryptocurrency exchange. Even Poland entered the fray as its financial regulator warned citizens to exert “special caution” when using Binance’s trading services.
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Binance in the crosshairs: Are regulators paying attention to crypto?