Binance Under the Microscope Again; Worldwide Regulatory Pressures Proliferate

Scrutiny against Binance continues to arise, with the latest surrounding a supervisory notice from the U.K.’s Financial Conduct Authority (FCA) revealing that the crypto exchange, Binance, isn’t capable of being properly supervised by the agency. This follows a stream of regulatory concerns, including from the Cayman Islands, Canada, Thailand, and more.