ShintoMystery
Sat Jun 08 2024
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6 answers
1472
Why is Binance banned in the Philippines?｜, adding that this violates the country's securities laws.The agency accused Binance of offering unregistered securities to Filipinos and operating as an unregistered broker
Could you please explain the reason behind the ban on Binance in the Philippines? It's mentioned that this ban is due to a violation of the country's securities laws. Could you elaborate on how Binance has been accused of offering unregistered securities to Filipinos and operating as an unregistered broker? What specific actions or practices of Binance led to this ban?
Dreamchaser
Sat Jun 08 2024
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7 answers
1368
What is the world's largest crypto exchange?｜remains the world's largest cryptocurrency exchange by average daily trading volume, but you will not find it among the firms we ranked.Binance
Could you please elaborate on the statement that "Binance remains the world's largest cryptocurrency exchange by average daily trading volume, yet it's not included in the list of firms we have ranked?" I'm curious to understand why such a significant exchange isn't included in your rankings. Could there be any specific criteria or factors that Binance might not meet? Or is there another reason for its exclusion? Additionally, could you provide some insight into the methodology behind your rankings and how they are determined?
Tommaso
Sat Jun 08 2024
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6 answers
1389
Can Brazil buy Bitcoin with Binance?｜Brazilian government now allows the trading of Bitcoin and other digital assets within federal financial systems, making cryptocurrency more popular. .The top three places where anyone can buy Bitcoin in Brazil are Binance, Kraken, and Bitfinex
Can Brazilian residents indeed purchase Bitcoin using the Binance platform? I'm curious because I've heard that the Brazilian government has recently authorized the trading of Bitcoin and other digital assets within its federal financial systems, which seems to have sparked a surge in popularity for cryptocurrencies in the country. Given this backdrop, I'm particularly interested in understanding the role of Binance in this emerging market. Are Binance, Kraken, and Bitfinex indeed the top three choices for Brazilians looking to acquire Bitcoin? And if so, what are the specific advantages or features that make Binance stand out as a preferred option?
SapphireRider
Sat Jun 08 2024
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5 answers
990
Is Binance illegal?｜In January, . The government's action was in response to the platforms' failure to comply with FIU and PMLA guidelines.Binance was among nine offshore cryptocurrency platforms to be prohibited from operating in India through web addresses and mobile applications
Is Binance illegal in India? Recently, in January, there seemed to be some news circulating that certain cryptocurrency platforms, including Binance, had been prohibited from operating in India. It appears that the government took this action in response to these platforms' failure to adhere to the guidelines set by the Financial Intelligence Unit (FIU) and the Prevention of Money Laundering Act (PMLA). I'm trying to understand the legal standing of Binance in India at the moment. Can you clarify the legality of Binance in India? Were these prohibitions put into place by the Indian government? If so, does this mean Binance is illegal in India now? And, is there any possibility for this ban to be reversed or lifted in the future?
HanRiverWave
Sat Jun 08 2024
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5 answers
1494
Is Binance legal in Germany?｜Binance's decision to withdraw its application for a crypto license in Germany comes in response to the country's strict regulatory environment, prompting the exchange to reassess its expansion strategy. Earlier, German regulators had informed Binance that they would not issue them a license.
Could you please elaborate on the legality of Binance in Germany? It seems that Binance has chosen to withdraw its application for a crypto license in Germany due to the country's stringent regulatory framework. This decision seems to suggest a reevaluation of their expansion strategy. Prior to this, German regulatory authorities had communicated to Binance that they would not be granted a license. Could you provide more insight into this matter and its potential implications for Binance and the cryptocurrency industry in Germany?
