The DNB’s General Fine Setting Policy was used when calculating the amount. DNB’s investigation took longer than expected, resulting in higher penalties for the violation. The Dutch Central Bank (DNB) fined Binance 3.3 million euros in April 2022. Exchanges that provide services to Dutch people without legal registration face fines.
Top 5 cryptocurrencies of the week, BNB, XRP, DOGE, DOT, and AVAX. Binance is strongly signaling the buy trends. Since the beginning of this year, the whole cryptocurrency market has faced highs and lows and lost billions. Still, crypto enthusiasts have hopes and are trying to make the market steady,
Customers of FTX may now trade equities in stablecoin-funded accounts. CZ said he’d rather see Binance concentrate on developing more Web3 products. Binance isn’t interested in allowing its customers to trade equities, no matter how many new ones they could bring in. It’s neither right nor wrong for cryptocurrency exchanges
Traders from Iran were banned from Binance’s exchange in November 2018. The company has been utilizing Reuters WorldCheck for KYC verification since 2018. According to a report, Binance, the world’s biggest cryptocurrency exchange, continues to service Iranian clients despite a corporate ban and economic sanctions. Binance has added Iran to
Binance obtained a VASP certification from the Bank of Spain. Along with Binance, more than 17 firms also received the approval. The prominent cryptocurrency exchange Binance recently acquired an operating license, Virtual Asset Service Provider (VASP) from the Bank of Spain. With this license, the platform can operate in the
On July 7th, 2022, the Bank of Spain authorized this registration. The crypto exchange obtained a regulatory license in France in May of this year. Binance, the world’s most popular cryptocurrency, has received permission from Spanish authorities to begin operations. A regulatory green light was given to Binance’s Spanish affiliate
On the occasion of its fifth anniversary, Binance, the world’s biggest cryptocurrency exchange by trading volumes, has removed fees for a wide variety of Bitcoin spot pairings. Tether (USDC), Binance USD (BUSD), Circle’s USD Coin (USDC), as well as the euro, the Turkish lira, and other fiat currencies may be
CZ discussed with the President of Ivory Coast about crypto integration. Binance is expanding its operations across the globe. On Tuesday, Changpeng Zhao (CZ), the CEO of Binance officially met Alassane Ouattara, the President of West African country, Ivory Coast (Côte d’Ivoire) to discuss crypto integration. In the interview held
Ookeenga, a next generation real time strategy MOBA games has announced that they’ve passed the rigorous due diligence process to launch as an official project on Binance NFT – a world class GameFi NFT trading platform for gaming projects – featuring core in-game assets from top gaming projects. The Ookeenga Genesis
Binance has claimed that it intends to dispel any misunderstandings about Web3. The TikToker stated that he has been interested in Web3 for some time. A worldwide brand ambassadorship with Khaby Lame, the Italian-Senegalese sensation who rose to popularity after his TikTok videos went viral, has been announced by cryptocurrency
