Let’s take a look at Binance’s many advancements in gaining regulatory approvals around the world.
yes, check binance
Financial laws vary widely from country to country, so maintaining regulatory compliance can be a challenge for large companies like Binance, let alone small businesses. Despite this, Binance continues to prove its dedication to obtaining compliance in as many countries as possible.
Below are some articles highlighting Binance’s efforts to maintain regulatory compliance around the world.
Binance Regulation: A Year in Review
Binance certainly had a busy 2022 when it came to regulatory compliance, but 2021 was perhaps even more notable. In this article, we will review his regulatory efforts on Binance in 2021 and cover various news on the topic.
read article here.
Binance in regulatory crosshairs amid Reuters report
2022 off to a rocky start for Binance after Reuters releases survey report It claimed that Binance withheld information from regulators and engaged in other fraudulent activities. Binance CEO Changpeng Zhao (CZ for short) Considered It reported “FUD” and strongly denied any wrongdoing.
read article here Check out our article on CZ’s reaction here.
Binance Responds to Euro Decision for Russian Users
The cryptocurrency market was hit hard after tensions between Ukraine and Russia erupted into full-on war earlier this year. To maintain regulatory compliance, Binance chose to invoke global sanctions imposed on Russian residents, but its decision was based on its commitment to comply with sanctions imposed by the international community. Preserving what has been done.
Read about why we follow sanctions and Binance’s view here.
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