Crypto Exchange Binance Stops Selling Tesla, Facebook, Google Stock Tokens

Launched in April, the stock tokens are tokenized versions of popular equities like Tesla, Facebook, Google and Coinbase, among others. The tokens are listed on Binance via a partnership with German investment firm CM-Equity. The firm has also helped FTX Exchange and Bittrex with similar stock token services.

After financial regulators scrutinized Binance's stock tokens, the world's largest crypto exchange has decided to stop selling them.

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