According to a Reuters investigation, concerns from Binance employees regarding the company’s weak KYC checks fell on deaf ears.

Multiple regulators around the globe have come out against the crypto exchange giant.

Malta's financial watchdog reiterated a public statement issued in February 2020 about the legal status of the exchange.

The CIMA says it’s investigating Binance regarding the exchange’s the British Overseas Territory. The…

The post Cayman Islands regulator says Binance not licensed in the territory appeared first on Coin Journal.

Arguably the world's biggest cryptocurrency exchange, Binance, is in the news today after it advised its users in Ontario, Canada to "close out all active positions" by the end of this year. As per th

The post Binance lists Ontario as 'restricted jurisdiction' citing 'compliance efforts' appeared first on AMBCrypto.

Japan is considered by some to be the home of Bitcoin's founder Satoshi Nakamoto, thanks to the famous pseudonym. Ergo, it is not a surprise that Japan is among the few nations worldwide to accept cry

The post Japan: FSA reportedly warns Binance against operating without a license appeared first on AMBCrypto.

Malta’s initial ‘lax oversight’ of crypto is a concern for regulators reviewing its anti-money laundering policies.

Sources quoted by local media claim that the Maltese government defended its current legal framework in a meeting with the FATF.

“Portraying this sector as one which is not subject to adequate supervision is not a reflection of reality and does not do justice to the work and efforts of the MFSA and VFA Agents,” said the VFA Agents Business Unit.

For the first time ever, Banco de Portugal has approved operating licenses to regional cryptocurrency trades. Recently, the central bank gave out the statement that Portuguese-based trades “Mind the coin” and “Criptologia” are now enlisted as virtual assets service providers. The central bank has issued only these two names in the list on their official … Read More

The post Portugal Grants First Crypto Exchanges Operating Licenses first appeared on Blockchain Consultants.

Banco de Portugal has granted operating licenses to local cryptocurrency exchanges for the first time ever. Sponsored Sponsored The central bank announced that the...

The new office in Malta allows the broker to serve both retail and institutional clients across key markets in Europe.