Following France, Italy, and Spain, this is Binance‘s fourth European country to receive regulatory permission.
Binance may now offer its services in Cyprus while adhering to national anti-money laundering and counter-terrorist financing regulations imposed by the Cyprus Securities and Exchange Commission.
Changpeng Zhao (CZ), founder and CEO of the exchange, said in the statement:
“Binance has some of the most thorough AML and CTF compliance policies in the industry. Recognition of the efforts we have made to be on the leading edge of compliance that our registration in Cyprus represents is testament to that. Effective regulation that protects users and stimulates innovation is essential to the continued growth of our industry.”
The exchange is getting national registrations all across the world. It was recently approved in New Zealand earlier this month.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
While Aave finds itself in uncertain territory, a fresh face in the crypto scene, Qubetics…
Analysts push for a Dogecoin price surge to its $0.2288 yearly high while ETFSwap (ETFS)…
Discover the promising altcoin under $1 that may outperform XRP amid election volatility and market…
Campinas, Brazil, 5th November 2024, Chainwire
Terra Shuttle Bridge has now been closed, and all remaining LUNC and USTC tokens have…
Miami, Florida, 5th November 2024, Chainwire
This website uses cookies.