Binance responds to South Africa

Uğur Bayram

Sep 3, 2021

Crypto exchange Binance said it did not provide financial advice to regulators and residents, amid warnings from the African Financial Sector Conduct Authority.

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Crypto exchange Binance said it did not provide financial advice to regulators and residents, amid warnings from the African Financial Sector Conduct Authority.
Binance said it provided blockchain training to the online group but did not provide financial advice.
The FSCA claimed that Binance was working with the country's financial intelligence centre.
According to the exchange, this draw was made with the FSCA to clarify the September 3 warning and to resolve regulators' issues with Binance.

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