Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’

Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’

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Source: Coindesk.com

Financial Transactions and Reports Analysis Centre of Canada said the exchange had committed two “administrative violations” of financial regulations. The fine compares with the $4.3 billion the crypto exchange agreed to pay U.S. authorities.

Canadian regulators hit Binance with a C$6 million ($4.3 million) fine on Tuesday, alleging the crypto exchange

Read More https://www.coindesk.com/policy/2024/05/09/binance-fined-43m-by-canadian-financial-regulator-for-administrative-violations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’" appeared first here Coindesk.com.

Source: Coindesk.com

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