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Cryptocurrency News

Binance fined $3M over illegal operations in the Netherlands

07/18/2022

Less than a minute

2022.07.18 22:02

Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country.

The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3 million euros ($3.3 million) for offering local crypto services without registration with authority. The Dutch central bank officially announced Monday that the regulator imposed the administrative fine in April 2022.

Source

07/18/2022

Less than a minute