106911986 1626436738459 gettyimages 1232552144 omarques 26042021 financekrk 5 Binance fined for operating illegally- $3.4 million

Binance fined for operating illegally- $3.4 million

– Binance was fined 3.3 million euros by the Dutch central bank for operating in the Netherlands without registration.
– The penalty is the most severe of the three levels of enforcement that the Dutch central bank can impose.
– The breach took place over a “prolonged period” from May 2020 until at least December 2021.
– Binance has filed an appeal against the fine.
– The company is hoping to put the squabble behind it as it pursues its Dutch license.
– Binance has recently been trying to become a friend rather than foe to regulators.

 

 

106911986 1626436738459 gettyimages 1232552144 omarques 26042021 financekrk 5 Binance fined for operating illegally- $3.4 million
Binance fined for operating illegally- $3.4 million 3

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