Dutch Central Bank Fines Binance Over Unauthorised Services
The Dutch Central Bank has imposed a 3.3 million euros ($3.4 million) fine on Binance for extending unauthorised services to Dutch citizens. The crypto exchange did not have proper registration but still continued to provide services. This comes as a setback to the exchange’s campaign to win over the European regulators.
The Central Bank stated that the crypto exchange had violated the rules which was needed by the digital asset company to be able to have a registration that would facilitate the exchange to offer services in Netherlands. Additionally, the exchange has served a high number of users in Netherlands which made the Dutch Central Bank levy additional fees on the exchange. The regulatory body had stated that these violations that the crypto exchange carried out was punishable by a third category fine which meant that the base administrative fine amounted to €2 million ($2.03 million).
Source
@tamil_btc
The Dutch Central Bank has imposed a 3.3 million euros ($3.4 million) fine on Binance for extending unauthorised services to Dutch citizens. The crypto exchange did not have proper registration but still continued to provide services. This comes as a setback to the exchange’s campaign to win over the European regulators.
The Central Bank stated that the crypto exchange had violated the rules which was needed by the digital asset company to be able to have a registration that would facilitate the exchange to offer services in Netherlands. Additionally, the exchange has served a high number of users in Netherlands which made the Dutch Central Bank levy additional fees on the exchange. The regulatory body had stated that these violations that the crypto exchange carried out was punishable by a third category fine which meant that the base administrative fine amounted to €2 million ($2.03 million).
Source
@tamil_btc
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$ETH is currently trading at $1500 level. On HTF , Price is trading in an Uptrend Forming Higher Highs & Higher Lows.
$1000 - $1300 level was Previous Resistance zone .After facing resistance from there price fall -92% from the previous High and forms Double Bottom Pattern near $95 level . Price gives breakout of Double Bottom Pattern and with Strong Bullish momentum also breaks Previous high .
Currently , After making New All Time High of $4780 level . Price is now taking support near $1000 level . Price is now bouncing back from the support . It can reach previous high and can also form New all time highs.
Upcoming Target is $2100 level .
Then $3600 level & then New All Time High.
Signup.asia/k
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