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❕NEWS Binance To Stop Stock Trading

Josemendez

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The hear on Binance continued as the message from Hong Kong Securities and Futures Commission's (SFC's) which warns them that they do not have the regulatory right to operate in the country especially in stock trading ,forced them to cease all forms of stick trading.

This will indeed bring the stock market down within the the next three days as the current holdlers are given till October 14 to sell their stock assets.
 
Is it going to be difficult for binance to obtain the license to obtain a license that would enable them Operate these services like stock trading? I don't understand why they haven't obtained such license yet.
 
There is definitely going to be flooded stocks in the stocks market , I am becoming uncomfortable with the negatives arround Binance in recent times.
 
Is it going to be difficult for binance to obtain the license to obtain a license that would enable them Operate these services like stock trading? I don't understand why they haven't obtained such license yet.
The licence is more on the country than on the type of trade. They didn't obtain licence to operate in the country and thus is the reason why they are having these issues
 
It seems like it was a lapse on the part of binance as they didn't get the proper licences to operate , they should've known that before operating a business should have the proper licences
 
It seems like it was a lapse on the part of binance as they didn't get the proper licences to operate , they should've known that before operating a business should have the proper licences
Well , if they are to get these license then it will take a very long time because they will get the license from every country they are present in.
 
The licence is more on the country than on the type of trade. They didn't obtain licence to operate in the country and thus is the reason why they are having these issues
I think this happen in almost all countries you need a license to operate I'n the stock trading. But if there will be no way out for now then selling off the asset will be the best bet
 
Big company like binance will sure can manage this issue. Is it only a matter of licence or another "thing" behind this. Sure binance have great team and i am sure they will solve this issue this year or next...
 
I think this happen in almost all countries you need a license to operate I'n the stock trading. But if there will be no way out for now then selling off the asset will be the best bet
They have already close all stock order in the platform and have given the investors time frame to sell their stock less they will lose their money
 
Big company like binance will sure can manage this issue. Is it only a matter of licence or another "thing" behind this. Sure binance have great team and i am sure they will solve this issue this year or next...
I am beginning to think there is another 'thing' involved especially when you consider the timing of all these attacks against Binance.
 
A very difficult ones from binance o don't know why there are continuous regulatory suit on them , I think binance need to sort out things and probably get a license and operate well in the country
 
A very difficult ones from binance o don't know why there are continuous regulatory suit on them , I think binance need to sort out things and probably get a license and operate well in the country
Simply because they are trying to operate in many countries. Unlike coinbase, binance is already trying to expand in every part of the world, that's why having different regulatory notices from different countries.
 
Simply because they are trying to operate in many countries. Unlike coinbase, binance is already trying to expand in every part of the world, that's why having different regulatory notices from different countries.
Yeah true because I noticed that coinbase restrict countries and don't provide full service to them , but binance shouldn't start doing that too or think of that because their quality service have been helpful
 

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