Turkish unit of crypto exchange Binance fined

The Turkish unit of Binance cryptocurrency exchange has been fined by the country’s Financial Crimes Investigation Board (MASAK) on violations found during liability inspections.

The Turkish unit of crypto exchange Binance was fined 8 million lira ($751,314) by the country’s Financial Crimes Investigation Board (MASAK) on violations found during liability inspections. The company has been ordered to cease all operations in Turkey within 15 days starting from the date it receives the order.

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