Binance Exits Another Country Amid Legal Uncertainty In US
Dump Alert: Celsius Plans To Sell Altcoins Under Reorganization Plan advertisement Binance Lossing Its Ground? As per Binance, no new users living in the Netherlands will be accepted on the crypto exchange with an immediate effect. However, the existing Dutch users will be allowed to withdraw their assets from the platform from July 17, 2023, while no further purchases or trades will be permitted. Binance mentioned that it was involved in an extensive registration process in order to gain a virtual asset service provider (VASP) license with the regulator. The exchange even tried to explore different avenues to its foot in the country. Meanwhile, it wasn’t able to gain registration. Read More Binance News Here… This development comes in when Binance is facing legal challenges from one of the top financial regulators, the U.S. Securities and Exchange Commission (SEC). The commission has charged Binance , Its US arm, and its executives with vi...