Compliance

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Binance Secures 20th Global Milestone With Argentina Crypto Registration

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Crypto exchange Binance has achieved a significant milestone by joining Argentina’s Virtual Asset Service Providers Registry, marking its 20th global regulatory achievement. This allows Binance to expand its full range of services to Argentina-based users, further embedding itself in the country’s cryptocurrency market. Binance Joins Argentina’s Crypto Registry, Strengthens Global Compliance Crypto exchange Binance announced … Read more

Pavel Durov Reveals Telegram Has Been Disclosing Data to Authorities

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Telegram founder Pavel Durov has clarified the platform’s privacy policies, emphasizing that no significant adjustments have been made regarding how Telegram handles user data. He revealed that since 2018, Telegram has disclosed IP addresses and phone numbers of criminals when legally required. Durov stressed that this is a longstanding policy, ensuring compliance without compromising the … Read more

Binance Secures Regulatory License in Kazakhstan for Crypto Trading

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Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian. Kazakhstan becomes the first Central Asian country where Binance has regulatory approval, positioning it as a key fintech hub. Binance … Read more

Binance Confirms Access Restrictions on Sanctioned Russian Users

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Crypto exchange Binance says it is complying with international sanctions by denying sanctioned Russian individuals and entities access to its platform. “Compliance remains our top priority. We are deeply committed to our users and maintaining their trust in our platform. We constantly invest in our teams and systems to protect our users,” Binance claimed. Binance … Read more

FATF Urges India to Strengthen Virtual Asset Regulation

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India has achieved a high level of technical compliance with Financial Action Task Force (FATF) standards, addressing illicit finance, money laundering, and terrorist financing. In a joint assessment with regional bodies, the FATF praised India’s progress but pointed out areas needing improvement, especially in regulating the non-financial sector and virtual asset providers. The country was … Read more

SEC Fines Prager Metis $1.95M Over Negligent FTX Audits

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The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case highlights critical oversights and violations of key industry standards, raising questions about the firm’s practices and the risks it missed. “Prager’s … Read more

Kraken Adjusts Margin Product to Comply With Australian Crypto Law, Calls for Clearer Regulation

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The Australian Federal Court ruled that Kraken’s fiat margin extensions are subject to regulatory obligations, but crypto margin extensions are not. Kraken acknowledged the decision but stressed the need for clearer crypto regulations in Australia. Following the ruling, Kraken adjusted its margin product to restrict fiat margin trading for non-wholesale investors, while crypto margin extensions … Read more

Binance Kazakhstan Receives Formal Consent for Regulatory License

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Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including financial audits and ISO certifications. Once licensed, Binance will manage virtual assets, offer custody services, and conduct … Read more