All posts tagged "Binance"
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311AML / KYCCFTC Investigates Binance for Possible Insider Trading
Binance reportedly has plans to become a licensed financial institution, with a centralised headquarters, to make it easier to work with regulators.
September 23, 2021 -
254Enforcement
MAS Orders Halt to Singapore Services From Binance.com
Binance Asia Services, which operates Binance.sg, is a "distinct entity" and may still operate under an exemption while its licence application is under review.
September 6, 2021 -
146AML / KYCAll VASPs Unprepared for New AML Rules, FSC Korea Finds
Even VASPs with real-name accounts in place do not have dedicated employees in place for AML or adequate systems for suspicious transactions reporting.
August 18, 2021 -
230AML / KYC
FSC Korea to Establish Virtual Asset Division Within KoFIU
The new division will oversee the adoption and implementation of the FATF recommendations on digital assets and VASPs.
August 17, 2021 -
410AML / KYC
Regulatory Pressure on Binance Builds With Malaysia Ban
Malaysia's SC has announced enforcement actions. Binance is winding down its derivatives business in Europe. India is probing its involvement in a betting probe.
August 2, 2021 -
280AML / KYCSFC Issues Warning on Unregulated Virtual Asset Platforms
Soon after the SFC's statement, Binance announced that stock tokens will no longer be available for purchase on its website.
July 18, 2021 -
154AML / KYC
Korea to Require Overseas Crypto Exchanges to Register with KoFIU
Cryptocurrency exchanges based outside Korea would be required to register with KoFIU if they use the Korean won for settlement.
July 14, 2021 -
383AML / KYC
Binance Deploys New AML Solution Amid Regulatory Pressure
Binance has deployed a new AML compliance solution in the face of a ban in the UK and warnings from Japanese and Thai regulators.
July 2, 2021 -
245Enforcement
UPDATED – BaFin Says Binance Stock Tokens Violate Securities Laws
The tokens require the publishing of a prospectus, "minimum information required by law" for the sale of an investment product.
May 5, 2021 -
424AML / KYCSEC Thailand Allows Crypto Exchange Bitkub to Resume Services
Bitkub has been allowed to resume accepting new clients. A warning was issued against Binance. Huobi was ordered to suspend services.
April 12, 2021
