According to information in the local news source Globes, the world’s largest cryptocurrency stock market Binance’s It was alleged that he ended his activities in Israel.
According to the news of Globes, Israel’s cryptocurrency the regulatory body responsible for the licensing status of stock exchanges Israel Securities and Exchange Commission from Binance asked him to explain his activities in the country.
The Israel Capital Markets Authority reportedly asked Binane for clarification on the type of services it provides to Israeli citizens in the country and the licenses under which it operates.
The Israeli Capital Markets Authority said in a statement that Binance has ceased all activities until the license issue is clarified.
“Following the intervention of the capital market, Binance at this stage has ceased marketing and all activities to Israelis until the Israeli Securities and Exchange Commission has reviewed the licensing issue.”
Binance is under the review of countries!
Binance is generally under worldwide regulatory scrutiny.
In this context, Binance.US was recently examined by the US regulatory agency, the Securities and Exchange Commission (SEC).
Outside of the US, last July, the UK’s responsible financial institution, the FCA, also warned that Binance is not allowed to operate in the country.
One of the most popular exchanges in Israel, Binance, despite being an international exchange, provides Hebrew support for Israelis. It is also estimated that around 200,000 Israelis operate through Binance.