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Binance Employees Detained in UAE Despite $2 Billion Emirati Backing

BeInCrypto
Binance Employees Detained in UAE Despite $2 Billion Emirati Backing

Binance runs its global exchange under Abu Dhabi’s regulator. Emirati police still detained two of its employees over financial crime inquiries, the New York Times reported. All have been released. A third staff member, who leads the company’s Dubai arm, answered questions at a police station in July. A Foothold Built on Licenses and State The post Binance Employees Detained in UAE Despite $2 Billion Emirati Backing appeared first on BeInCrypto.

Key Takeaways

  1. Binance runs its global exchange under Abu Dhabi’s regulator.
  2. Emirati police still detained two of its employees over financial crime inquiries, the New York Times reported.
  3. All have been released.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.