EU questions Binance over continued operations despite wind-down order, FT reports

In this news:

Key takeaways

  • EU officials are questioning Binance over its continued operations in the region.
  • The inquiries concern the use of a legal exemption despite a wind-down order.
  • The report was published by the Financial Times and remains unverified by Reuters.

EU officials are questioning crypto platform Binance over its use of a legal exemption to continue serving customers in the region despite an order to wind down its business in the bloc, the Financial Times reported on Thursday, citing people familiar with the matter.

Reuters could not immediately verify the report.

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