Binance om te stoppen cryptogeld Marge Handel meets Australian Dollar, Euro in pond

After being heavily vetted by regulators, Binance cryptocurrency Exchange has stepped up its compliance efforts by reducing the maximum leverage available to traders and suspending margin loans for various cryptocurrencies.

The world’s largest cryptocurrency exchange in recent months has become the target of regulators, with regulators around the world cracking down on the stock market. UK regulators recently banned Binance from carrying out regulated activities in the UK, but UK citizens can still access Binance services through other jurisdictions. 

Binance faces a number of restrictions in different countries, including Germany and Japan and the UK, and has a number of announcements announcing the company’s various updates. Second, Binance users will be suspended from margin credit.

“From August 10, Binance will suspend margin credit for bitcoin, ether and other major cryptocurrencies, as well as pairs of Australian Dollars, Euros and Sterling” 

As part of its efforts to collaborate and adapt with regulatory agencies, Binance adapts to the changing crypto environment, particularly in the transition to regulated financial services. Binance CEO Changpeng Zhao commented on the shift that Binance is prepared to take to stay on the right side of regulators at the annual virtual Blockchain Summit, which focuses on tomorrow’s 2021 overhaul:

“Obviously, strict regulation can be expected. Binance is in a state of transition from a technology startup to a financial service. We are ramping up compliance efforts, including hiring former regulators”

Binance, one of the largest exchanges in the crypto Sunday, has faced far more control than any other exchange, perhaps in part because of the global presence of exchanges and regulators ‘ concerns that the Binance platform is being used by cybercriminals. Sceptics suggested Binance was simply being used as a “scapegoat” for global

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