Italian regulator said that Binance had no right to work non-territory


The National Commission of Italy by companies (Consob) reported that the Binance Group does not have the necessary registration for work in the country.

The regulator has released a warning for all clients of cryptochegia, which says that none of the Group’s companies have an appropriate permission to provide investment services or other financial activities in the country.

However, the BINANCE press service reported that the agency’s statement is not directly related to the trading platform, since it works outside Italy. After adding that it is very serious about its obligations to regulatory authorities and compliance with regulatory requirements, tracking all changes in this area.

Consob Warning followed the recent notification of the Financial Regulation and UK Supervision (FCA) on the prohibition of the local Binance division. After this statement, a number of British banks, including Santander UK and

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