The Cyprus Securities and Exchange Commission (CySEC) has granted crypto exchange Binance Class 3 registration as a crypto asset services provider, or CASP, according to a blog post from Binance on Thursday.
Following in the footsteps of rival crypto exchange FTX, which set up a Cypriot entity in March, Binance is now permitted to offer spot, custody, staking and card services in compliance with CySEC’s anti-money-laundering and counter-terrorist-financing rules.
“Binance has some of the most thorough AML and CTF compliance policies in the industry," Binance CEO Changpeng Zhao said in the blog post. "Recognition of the efforts we have made to be on the leading edge of compliance that our registration in Cyprus represents is testament to that.
Read Full Story: https://news.google.com/__i/rss/rd/articles/CBMicmh0dHBzOi8vd3d3LmNvaW5kZXNrL...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...