Thailand’s Securities and Trade Fee (SEC) has filed a felony criticism in opposition to cryptocurrency change Binance for working a digital asset enterprise with no licence, the most recent in a rising worldwide crackdown on the platform.
“It was discovered that Binance has offered platform companies for buying and selling or exchanging digital property through its web site…” the SEC stated on Friday.
“The aforementioned actions of Binance is liable to working digital asset enterprise within the class of digital asset change with out licence.”
In Thailand, solely licenced companies are allowed to offer companies associated to digital asset buying and selling, the nation’s regulator stated.
A Binance spokesperson didn’t instantly reply to a request for remark.
Britain’s monetary watchdog had final week barred Binance from finishing up regulated actions within the nation.
The corporate has beforehand stated it takes its compliance obligations significantly and was dedicated to following regulatory necessities wherever it operates.
© Thomson Reuters 2021