Binance Not Authorized to Provide Services in Italy, Regulator Warns

Italy has joined the global regulatory offensive against Binance

Thu, 07/15/2021 - 09:08

The Italian Companies and Exchange Commission (CONSOB) issued a stark warning about Binance Group on July 15, stating that its companies are not authorized to provide investment services and activities in the country.

The watchdog specified that this includes binance.com, the website of the world's largest exchange:

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.

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