Binance faces regulatory trouble in Israel

 

Israel's financial regulator is asking Binance to submit licenses to distribute crypto services. This seems to be a new regulatory trouble spot for the crypto exchange.

A new chapter in Binance 's regulatory cause seems to be opening .

The national financial market regulator of Israel has asked the crypto exchange to submit documents about its own business activities and corresponding licenses. This is reported by the Israeli news agency Globes .

So far, the relevant documents from the authority are not available.

Binance initially suspended service in Israel.

The crypto exchange is under regulatory pressure around the world . A new trouble spot now seems to be opening up in Israel.

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