The securities and futures commission (SFC) of Hong Kong has issued a warning against the world’s biggest cryptocurrency exchange Binance. SFC has said that the Binance has not authorized to offer any kind of service in Hong Kong.
Hong Kong has become the 8th country to issue a warning to the crypto exchange Binance. Before this, Italy’s CONSOB issued a warning to the Binance.
Countries like Japan, Italy, Canada, Hong Kong, Cayman Islands, Thailand, and Singapore are the countries that have issued a warning to the top cryptocurrency exchange Binance. Earlier today, Binance has discontinued its stock-tokens service.