June 14 (Cointime) - Binance's Cyprus unit has submitted an application to be removed from the register of crypto asset service providers in Cyprus, according to the securities regulator website. The reason for the application was not disclosed. Binance, the world's largest exchange, had announced its registration with the Cyprus Securities and Exchange Commission in October 2022, but never launched its business in Cyprus. The registration had allowed Binance to offer spot trading, custody, and other services in compliance with anti-money laundering and counter-terrorist financing rules.
All Comments