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coinpedia 2023-11-24 07:10:26

Binance Faces Uphill Battle for Hong Kong License After Binance US Guilty Plea

The post Binance Faces Uphill Battle for Hong Kong License After Binance US Guilty Plea appeared first on Coinpedia Fintech News The recent guilty plea by Binance and its founder, Changpeng Zhao, to US anti-money-laundering laws may pose challenges for the cryptocurrency exchange’s plans to obtain a legitimate foothold in Hong Kong. Binance, which is facing mounting regulatory troubles in the US, has set up a separate crypto exchange in Hong Kong named HKVAEX to pursue …

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