Don't panic, binance is normal!

[wirosableng]

this is very good news.
hopefully this news is true as it is, because if only issue then it is not necessarily certain.
the most important is the news and dare to publish it, it is a very good sign.

[Valzador]

The Financial Services Agency (FSA) said in statement that it had issued the warning to Binance, one of the world´s biggest cryptocurrency exchanges, for engaging in business with Japanese residents via the internet despite lacking permission to do so.

The regulator said Binance likely allowed Japanese residents to open accounts without confirming their identities, adding that the exchange would face criminal charges if it continued to do business without a licence.

An official of the Financial Services Agency told Reuters it had not given the exchange any particular deadline to cease its operations.

[Ikay]

I think this news will be affect to those who have not gain more knowledge about crypto because they think that issue will affect their investments so they will in panic mode so probably markets will be in red again, hopefully not.

[ropyu1978]

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that.

Well, it's best if anyone makes a post that creates FUD. especially if it is not accompanied by a link. and before you really believe it, you should first try to find the right information. or try to directly see the place of the incident. usually the current situation, people prefer to create panic for lower prices.

[moonriver]

I believe Binance won't break.
It has been doing great since its establishment and remains No.1 exchange for several months.
There is no doubt it is the best exchange available.

[Spiero7]

Another Fud yet again! I have posted this before and I am gonna post again that some set of people referred to as whales will never stop until they see that they have succeeded so well in manipulating a whole lot of people into letting go of their hard earned coins gotten either through ICO or bounty to them only to reap the rewards meant for the diligence of this people. Let all just chill patiently and relax, cos all is gonna be stable again.

[supergorg27]

Binance is currently moving to Malta. They will add USD/Crypto pairs on their market there as it is less regulated. There is no reason to worry about Binance right now.

Source: http://thebitplex.com/2018/03/23/binance-malta/

Yes I agree, there is no reason to worry about, they just move in to Malta and Malta is very progressive when it comes to crypto.

[andthereyou]

In the afternoon, a FUD announced that Japan had issued a warning to the binance exchange, but the inance exchange is not currently registered in Japan, so there is no need to worry about that.

I had used binance exchange and had not encountered any problem using it. Maybe japan are just very careful nowadays.

[BitHodler]

I had used binance exchange and had not encountered any problem using it. Maybe japan are just very careful nowadays.

Japan is doing what it should be doing, and that's keeping parasites out. It's mind boggling how people don't understand the one simple thing about the Japan versus Binance situation, which is that you can't enter without permission.

The only thing that did somewhat surprise me was the relatively late reaction of Japan. Binance applied for a license earlier this year, but they just went ahead anyway, probably blindly assuming it would be ok to do so.

Applying for a license and actually beeing granted one, are two completely different things. It's not that you can call it incompetence because Binance knows what it is doing, so they must have arrogantly discarded the rules.