← Back to News

Cryptocurrency

Three Crypto Exchanges May Be Operating Illegally, N.Y. Says via @crypto

As reported by Bloomberg Crypto, “Three cryptocurrency exchanges may be operating illegally in New York, according to the state’s legal chief. “In a report Tuesday, Attorney General Barbara Underwood said her office referred Binance, Kraken and Gate.io to the New York Department of Financial Services for possible violation of digital-currency regulations. Each of those exchanges had earlier […]

By Chris Sykora · September 18, 2018
Three Crypto Exchanges May Be Operating Illegally, N.Y. Says via @crypto

As reported by Bloomberg Crypto, “Three cryptocurrency exchanges may be operating illegally in New York, according to the state’s legal chief.

“In a report Tuesday, Attorney General Barbara Underwood said her office referred Binance, Kraken and Gate.io to the New York Department of Financial Services for possible violation of digital-currency regulations. Each of those exchanges had earlier refused to provide information requested by the state. The three firms didn’t immediately respond to requests for comment.”

Continue to read the full story at Bloomberg.