Turkey's regulator has conducted an inspection of Binance
It resulted in a $750 000 fine for the local stock exchange unit
27.12.2021 - 08:40
197
1 min
0
What’s new? As reported by the Reuters international agency, the Turkish authorities have conducted a large-scale inspection of the Binance trading platform. Based on its results, it was decided to fine the exchange for $750 000.
What violations were found? According to the representatives of the Financial Crimes Investigation Board (MASAK) of Turkey, the exchange had not complied with the regulator's reporting requirements. For example, the local laws require the crypto trading platforms to notify MASAK of transactions over 10 000 lira.
The Binance Turkey representatives responded to the news of the fine with a statement, saying it intends to comply with the laws and continue to build a sustainable, healthy, and secure ecosystem for the Turkish market operation.
Useful material?
Telegram 
Twitter Trends
The investment company VanEck believes that in the coming year, the project will take third place in capitalization among crypto projects
Dec 8, 2023
Market
The asset will be distributed among the network participants by airdrop
Dec 8, 2023
Incidents
Do Kwon has filed an appeal against the extradition decision, and the official position of the agency will be announced at a later date
Dec 8, 2023
Market
The owner of the address mined the coins early in the development of the network, at the time they were worth about $100
Dec 7, 2023
Incidents
Anatoly Legkodymov also dropped his claims to the arrested assets
Dec 7, 2023
Trends
The capitalization of the asset grew by more than 36% per day
Dec 6, 2023
Cryptocurrency rates
-
Bitcoin
$43 960
BTC
-0.09%
-
Ethereum
$2 354.29
ETH
-0.3%
-
BNB Smart Chain
$240.04
BSC
-0.37%
-
Ripple
$0.661661
XRP
-2.66%
-
Cardano
$0.595921
ADA
-3.03%
-
Dogecoin
$0.100818
DOGE
-0.13%
-
Polkadot
$7.22
DOT
-1.99%
-
Litecoin
$78.16
LTC
+0.73%
-
Bitcoin Cash
$250.67
BCH
-2.35%
-
Stellar XLM
$0.134221
XLM
-1.61%