Binance: FCA, MAS, ESMA Face Bypass Queries
Binance regulatory arbitrage draws fire from @star_okx as UK FCA, MAS Singapore and EU ESMA weigh re-entry options after Japan license pattern.
SourceAnalysis
Binance regulatory history faces renewed scrutiny after @star_okx questioned whether the UK FCA, MAS in Singapore and EU’s ESMA will invite the exchange back or permit acquisitions that bypass full oversight, mirroring its Japan route from 2018 ban to 2023 license with SoftBank as shareholder; the post labels such moves regulatory arbitrage and warns they echo FTX risk-control failures that erased billions on October 11.
Star
@star_okxFounder & CEO of OKX (since 2013).