Following a report in a section of the media referring to Binance as a “Malta-based cryptocurrency” company, the Malta Financial Services Authority (MFSA) reiterates that Binance is not authorised by the MFSA to operate in the crypto currency sphere and is therefore not subject to regulatory oversight by the MFSA. The Authority is however assessing if Binance has any activities in Malta which may not fall within the realm of regulatory oversight. Admission of virtual financial assets to trading and/or for offering virtual financial assets to the public in and from Malta requires an MFSA licence in terms of the Virtual Financial Assets Act (CAP 590) of 2018.
https://www.mfsa.mt/news-item/public-statement-2020/So it's official, MFSA has no jurisdiction over Binance. I think everyone here thinks that Binance has an office in Malta (including me) but this statement from MFSA has denied it. So if MFSA has no control then who has the oversight on Binance itself? They are getting bigger by the day so it's really hard to imagine if there's no one looking at Binance.