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amycastor-com-5463		Binance: Italy, Lithuania, Hong Kong, all issue warnings; Brazil director quits – Amy Castor			.html	text/html	1429	111	72	Binance: Italy, Lithuania, Hong Kong, all issue warnings; Brazil director quits – Amy Castor Binance: Italy, Lithuania, Hong Kong, all issue warnings; Brazil director quits This last week, three more jurisdictions issued warnings about Binance's tokenized stocks, joining several others in voicing their concerns about the exchange. Binance claims its stock tokens are fully backed by shares held by CM-Equity AG, a regulated asset management firm in Germany. Binance, whose modus operandi has always been to ignore the laws and do whatever, launched its stock token service two days before US crypto exchange Coinbase went public on the Nasdaq and bitcoin reached an all-time high of nearly $65,000. Binance isn't the only crypto exchange to offer stock tokens. Sam Bankman-Fried's FTX exchange also offers tokenized stocks (archive) — a service that it added in June.	./cache/amycastor-com-5463.html	./txt/amycastor-com-5463.txt