Binance is Taking a Step Back From The European Market
In a strategic move, Binance, the world's largest cryptocurrency exchange, is steadily disengaging from the European market. Recently, the Financial Conduct Authority (FCA) of the United Kingdom announced that Binance had voluntarily canceled its license to operate within the country.
Binance.US Can Continue its Operations in The United States
In a significant development, Binance.US has reached a groundbreaking agreement with the United States Securities and Exchange Commission (SEC), allowing the cryptocurrency company to continue its operations despite the ongoing legal battle with the commission.
Binance is Out Of the Netherlands
Binance, the world’s leading cryptocurrency exchange based on trading volume, has faced another setback recently. The exchange announced its withdrawal from the Netherlands due to the inability to register as a Virtual Asset Service Provider (VASP) with the Dutch regulatory authority.