Cryptocurrency Exchange Binance to Stop Support for Stock Tokens

Bloomberg2021-07-16

Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.

The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.

Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.

“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.

Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.

Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

SSVC
2021-07-17
SSVC
Ouch.. Appreciate your response and comments Thanks
- Angsana:
  really
D199991D
2021-07-16
D199991D
Oops
BlueDaisy
2021-07-16
BlueDaisy
It is unregulated. They can do anything they like.
charlito
2021-07-16
charlito
Did anyone ask them what happens to these stock tokens after the end date?
- charlito:
  here we ho again
- charlito:
  du du du
Wil_Huat
2021-07-16
Wil_Huat
wow
- Chels:
  nice
Saras
2021-07-16
Saras
??

Leave a comment

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The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5247125,"gmtCreate":1626501547978,"gmtModify":1663231095548,"authorId":3575326435298567,"author":{"id":3575326435298567,"idStr":"3575326435298567","authorId":3575326435298567,"name":"Angsana","avatar":"https://static.tigerbbs.com/3c8492153d7059ec1aa704a1bd541c14","vip":1,"crmLevel":11,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":179138966,"type":1,"supId":0,"prevId":0,"content":"really","text":"really","html":"really"}],"langContent":"EN"},{"id":170719014,"gmtCreate":1626450608538,"gmtModify":1703760516051,"author":{"id":"3577352301253695","authorId":"3577352301253695","name":"D199991D","avatar":"https://static.tigerbbs.com/49e24e0e3faeb8d389ad5d2db8a0e240","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3577352301253695","authorIdStr":"3577352301253695"},"htmlText":"Oops","listText":"Oops","text":"Oops","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170719014","repostId":1166259454,"repostType":2,"repost":{"id":"1166259454","kind":"news","pubTimestamp":1626438129,"share":"https://ttm.financial/m/news/1166259454?lang=en_US&edition=fundamental","pubTime":"2021-07-16 20:22","market":"us","language":"en","title":"Cryptocurrency Exchange Binance to Stop Support for Stock Tokens","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259454","media":"Bloomberg","summary":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurr","content":"<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.</p>\n<p>The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.</p>\n<p>Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.</p>\n<p>“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.</p>\n<p>Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.</p>\n<p>Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Exchange Binance to Stop Support for Stock Tokens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Exchange Binance to Stop Support for Stock Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259454","content_text":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.\nStock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.\n“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.\nBinance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170796486,"gmtCreate":1626449580645,"gmtModify":1703760497073,"author":{"id":"3582677971530678","authorId":"3582677971530678","name":"BlueDaisy","avatar":"https://static.tigerbbs.com/0747094283743978b62fb8b1ee2cf44c","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3582677971530678","authorIdStr":"3582677971530678"},"htmlText":"It is unregulated. They can do anything they like.&nbsp;","listText":"It is unregulated. They can do anything they like.&nbsp;","text":"It is unregulated. They can do anything they like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170796486","repostId":1166259454,"repostType":4,"repost":{"id":"1166259454","kind":"news","pubTimestamp":1626438129,"share":"https://ttm.financial/m/news/1166259454?lang=en_US&edition=fundamental","pubTime":"2021-07-16 20:22","market":"us","language":"en","title":"Cryptocurrency Exchange Binance to Stop Support for Stock Tokens","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259454","media":"Bloomberg","summary":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurr","content":"<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.</p>\n<p>The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.</p>\n<p>Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.</p>\n<p>“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.</p>\n<p>Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.</p>\n<p>Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Exchange Binance to Stop Support for Stock Tokens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Exchange Binance to Stop Support for Stock Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259454","content_text":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.\nStock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.\n“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.\nBinance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":170703843,"gmtCreate":1626448922282,"gmtModify":1703760476751,"author":{"id":"3581727570212837","authorId":"3581727570212837","name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3581727570212837","authorIdStr":"3581727570212837"},"htmlText":"Did anyone ask them what happens to these stock tokens after the end date?","listText":"Did anyone ask them what happens to these stock tokens after the end date?","text":"Did anyone ask them what happens to these stock tokens after the end date?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/170703843","repostId":1166259454,"repostType":4,"repost":{"id":"1166259454","kind":"news","pubTimestamp":1626438129,"share":"https://ttm.financial/m/news/1166259454?lang=en_US&edition=fundamental","pubTime":"2021-07-16 20:22","market":"us","language":"en","title":"Cryptocurrency Exchange Binance to Stop Support for Stock Tokens","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259454","media":"Bloomberg","summary":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurr","content":"<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.</p>\n<p>The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.</p>\n<p>Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.</p>\n<p>“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.</p>\n<p>Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.</p>\n<p>Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Exchange Binance to Stop Support for Stock Tokens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Exchange Binance to Stop Support for Stock Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259454","content_text":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.\nStock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.\n“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.\nBinance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5264264,"gmtCreate":1626706643406,"gmtModify":1663231174947,"authorId":3581727570212837,"author":{"id":3581727570212837,"idStr":"3581727570212837","authorId":3581727570212837,"name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170703843,"type":1,"supId":0,"prevId":0,"content":"here we ho <u>again</u>","text":"here we ho <u>again</u>","html":"here we ho <u>again</u>"},{"id":5254980,"gmtCreate":1626616367030,"gmtModify":1631891494670,"authorId":3581727570212837,"author":{"id":3581727570212837,"idStr":"3581727570212837","authorId":3581727570212837,"name":"charlito","avatar":"https://static.tigerbbs.com/187f09a2c9b9e341d7b9423366682194","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170703843,"type":1,"supId":0,"prevId":0,"content":"du du <u>du</u>","text":"du du <u>du</u>","html":"du du <u>du</u>"}],"langContent":"EN"},{"id":170491219,"gmtCreate":1626444747631,"gmtModify":1703760352666,"author":{"id":"3555324457832945","authorId":"3555324457832945","name":"Wil_Huat","avatar":"https://static.tigerbbs.com/c5a6c13a295e6824aa359dede926d515","vip":1,"crmLevel":12,"crmLevelSwitch":0,"idStr":"3555324457832945","authorIdStr":"3555324457832945"},"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/170491219","repostId":1166259454,"repostType":4,"repost":{"id":"1166259454","kind":"news","pubTimestamp":1626438129,"share":"https://ttm.financial/m/news/1166259454?lang=en_US&edition=fundamental","pubTime":"2021-07-16 20:22","market":"us","language":"en","title":"Cryptocurrency Exchange Binance to Stop Support for Stock Tokens","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259454","media":"Bloomberg","summary":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurr","content":"<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.</p>\n<p>The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.</p>\n<p>Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.</p>\n<p>“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.</p>\n<p>Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.</p>\n<p>Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Exchange Binance to Stop Support for Stock Tokens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Exchange Binance to Stop Support for Stock Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259454","content_text":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.\nStock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.\n“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.\nBinance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5347614,"gmtCreate":1627394145602,"gmtModify":1635220253406,"authorId":3556154101620191,"author":{"id":3556154101620191,"idStr":"3556154101620191","authorId":3556154101620191,"name":"Chels","avatar":"https://static.tigerbbs.com/3ec1cf66070147d270e0098f8b98e243","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.03","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":170491219,"type":1,"supId":0,"prevId":0,"content":"nice","text":"nice","html":"nice"}],"langContent":"EN"},{"id":170531304,"gmtCreate":1626441593108,"gmtModify":1703760221003,"author":{"id":"3586338902882279","authorId":"3586338902882279","name":"Saras","avatar":"https://static.tigerbbs.com/2bf0de0dd3a4c083e202aad7b1bc71ae","vip":1,"crmLevel":11,"crmLevelSwitch":0,"idStr":"3586338902882279","authorIdStr":"3586338902882279"},"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/170531304","repostId":1166259454,"repostType":4,"repost":{"id":"1166259454","kind":"news","pubTimestamp":1626438129,"share":"https://ttm.financial/m/news/1166259454?lang=en_US&edition=fundamental","pubTime":"2021-07-16 20:22","market":"us","language":"en","title":"Cryptocurrency Exchange Binance to Stop Support for Stock Tokens","url":"https://stock-news.laohu8.com/highlight/detail?id=1166259454","media":"Bloomberg","summary":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurr","content":"<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.</p>\n<p>The products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.</p>\n<p>Stock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.</p>\n<p>“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.</p>\n<p>Binance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.</p>\n<p>Binance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptocurrency Exchange Binance to Stop Support for Stock Tokens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCryptocurrency Exchange Binance to Stop Support for Stock Tokens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-16 20:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/cryptocurrency-exchange-binance-stop-support-114951076.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166259454","content_text":"Binance Holdings Ltd. is phasing out support for stock tokens just a few months after the cryptocurrency exchange started to offer the product.\nThe products, which were launched in April and are issued and sold by CM-Equity AG, are tokenized versions of stocks like Apple Inc., Tesla Inc. and Coinbase Global Inc. Hong Kong’s Securities and Futures Commission said Friday that it considers the tokens securities and that no Binance affiliates are licensed or registered to conduct “regulated activity” in Hong Kong.\nStock tokens attracted concerns almost immediately. A report just a couple of weeks after the launch from CoinDesk noted that regulators in places like the U.K. and Hong Kong had already been examining the offerings.\n“We will be winding down support for stock tokens on Binance.com to shift our commercial focus to other product offerings,” Binance said in a blog post Friday. “Effective immediately, stock tokens are unavailable for purchase on Binance.com, and Binance.com will no longer support any stock tokens” after Oct. 14.\nBinance, the biggest crypto exchange by reported turnover, has had a difficult few months on the regulatory front. Several U.S. agencies are probing the company, Bloomberg News has reported. The U.K. recently issued restrictions on an affiliate, and Thailand filed a criminal complaint against the firm for operating without a license.\nBinance users who currently hold stock tokens may sell or hold them over the next 90 days, the blog post said.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":93,"commentSize":16,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1166259454","isCrawlerRequest":true}