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EU questions Binance over operations despite wind-down order

Original: EU questions Binance over continued operations despite wind-down order, FT reports

The European Union is questioning Binance about why the crypto exchange continues operating despite a wind-down order, according to the Financial Times. The move signals mounting regulatory pressure on the world's largest cryptocurrency exchange in Europe, and the exchange's response is likely to shape the next steps in the EU's enforcement action.

Why now: Reports of EU regulators challenging Binance's compliance with a wind-down order have put the exchange's European future in doubt.

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• EU questions Binance over continued operations despite wind-down order, FT reports · Reuters

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