Staff of Reuters Read for 2 minutes Reuters, July 2 – The Securities and Exchange Commission (SEC) of Thailand has filed a criminal complaint against cryptocurrency exchange Binance for operating a digital asset business without a license, the latest in a series of crackdowns on the platform around the world. The SEC said on Friday that “it was discovered that Binance has provided platform services for trading or exchanging digital assets via its website…” “Binance is liable for conducting a digital asset business in the area of digital asset exchange without a license due to the aforementioned activities.” Only regulated organizations are authorized to provide services linked to digital asset trading in Thailand, according to the country’s regulator. A request for comment from Binance was not immediately returned. Last Monday, the UK’s financial watchdog restricted Binance from engaging in regulated activities in the country. The company has previously stated that it takes its regulatory commitments seriously and is dedicated to following them everywhere it operates. Noor Zainab Hussain in Bengaluru and Tom Wilson in London contributed reporting, and Arun Koyyur edited the piece./n
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