.binance's activities in Israel have reportedly come to a halt while the country’s Capital Markets Authority examines its licenses. By iamsandali.
Israel's Capital Markets Authority, the regulator responsible for crypto-exchange licensing, has asked Binance to clarify its activities in the Israeli market, according to a report in local news outletIsrael's Capital Markets Authority, the regulator responsible for crypto-exchange licensing, has asked Binance to clarify its activities in the Israeli market, the report said.
The authority has asked Binance for clarification regarding the type of services it provides to Israelis and the licenses under which it operates, Globes said. "Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” the Capital Markets Authority is quoted as saying in the Globes report.
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