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Binance Drops Banco De Venezuela: Regulatory Compliance behind the P2P Trading Change

Binance Drops Banco De Venezuela: Regulatory Compliance behind the P2P Trading Change
In a significant move reflecting efforts to adhere to international financial sanctions, Binance has dropped Banco de Venezuela from its peer-to-peer (P2P) trading services. This action comes in the wake of similar steps taken against sanctioned Russian banks last week.Formerly holding the third spot with over 11% market share, Banco de Venezuela was acquired by the Venezuelan government in 2009 after being sold by the Spanish Bank Santander for approximately USD $1 billion.Binance Navigates Reg... Read More
Posted: Aug 29 2023, 13:45
Author Name: financemagnates
Views: 112558

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