Turkish regulator fines Binance
The Turkish Financial Crime Investigation Committee (MASAK) has fined the Binance crypto exchange for multiple violations of around $ 750,000.
Even though crypto currencies are banned as a means of payment in Turkey, digital currencies continue to enjoy great popularity. The Turkish supervisory authorities have now imposed a fine of 8 million lira (around 750,000 US dollars) on the Binance crypto exchange. The reason given is non-compliance with money laundering laws. Negligent handling of …
read more at t3n.de
