Binance ordered to stop all digital currency services in Belgium
Sonntag, Juli 16th, 2023
The payment includes $1.17 million of refunds to 4,691 investors, which may be reduced if they withdraw crypto assets during a specified 90-day period, plus a $626,000 fine.
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We had an on-site visit last week by the relevant authorities,” a binance c2c, click the next document, spokesperson said. “In France, on-site visits by regulators and inspectors are part of regulatory obligations to which all financial institutions must adhere.
Bitcoin has gained nearly 25% in value since BlackRock’s filing.
It rose as high as $31,458 on Friday, the highest level since June 7, 2022, and was last up 3.29% at $30,872.
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A spokesperson for Binance, which had been operating in the Netherlands without permission from regulators, said that the company had tried “many alternative avenues” to meet Dutch registration requirements.
Bitcoin jumped more than 15% last week, rising above $30,000 for the first time since April, its best week since March, in large part driven by BlackRock filing an application with the U.S.
Securities and Exchange Commission to launch an exchange-traded fund (ETF) backed by bitcoin.
No firm has yet been licensed under VARA’s full market product (FMP) stage – which would permit the serving of retail clients, regulator information shows.
OKX plans to apply for such a licence, Byun said.
“Sticky inflation and economic recession concerns are still longer-term risks that we have to be cautious about,” said Youwei Yang, chief economist at bitcoin miner BTCM.
dollar-bitcoin trading in May. The SEC this month sued Coinbase for failing to register as an exchange.
According to Cboe’s Fidelity bitcoin ETF filing, The company’s platform represented roughly half of U.S.
LONDON, June 15 (Reuters) – The U.S.
affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees’ social media posts.
Crude oil edged higher but gains were tempered by a report that the United States and Iran were close to a nuclear deal, although denials from both parties kept it off the previous session’s lows.
Unlike many other coins, there is no limit on the number of Dogecoins that can be created, which leaves the currency susceptible to devaluation as supply increases.
The public has taken an interest in the new era meme coins. One such instance is the cryptocurrency Dogecoin.
The SEC has rejected dozens of spot bitcoin ETF applications in the past few years, including one from Fidelity in January 2022.
In all cases, the regulator said the filings did not meet standards designed to prevent fraudulent and manipulative practices and protect investors and the public interest.
Users can choose the best pricing for an NFT mint on some platforms, for instance. Others started out as guilds but have now modified or changed their business strategy to include a video game market.
A regulatory crackdown has also weighed on the crypto sector.
Binance and Coinbase Global, two of the biggest crypto exchanges, were sued this month by the SEC for allegedly violating its rules, which the pair deny.
Over in Europe, the STOXX 600 index lost 0.13%, but MSCI’s broadest index of Asia-Pacific shares outside Japan jumped 0.74% overnight.
Combined with gains on Wall Street, the MSCI’s broadest index of world stocks rose 0.42% to hover under a 13-month high.
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