The British Financial Times: Binance is under intense scrutiny by many European regulators regarding the launch of its product.

On April 23, the Financial Times reported that several European regulators were investigating the cryptocurrency exchange as Binance began trading stock tokens last week. Administrators are concerned about whether Binance's new announcement will comply with applicable laws in the region. “The FCA is working with Binance to understand its products, the rules that apply to them and the way they do business,” the UK regulator said. However, “if the token is exchangeable, exchangeable on a cryptocurrency exchange and has a legal transaction such as a cash distribution or cash payment, the token represents security and will have to publish a report.” Fair Tokens, the first is Tesla.