-
BTC 65,349.99 (-0.72%) -
ARS 1,088.20 (-0.13%) -
ETH 2,937.43 (-2.52%) -
SOL 158.40 (+1.34%) -
PEPE <0.01 (-4.24%) -
BOME 0.01 (+0.54%) -
WIF 2.84 (-5.80%) -
DOGE 0.15 (-4.13%) -
XRP 0.52 (-0.29%) -
PEOPLE 0.05 (-6.58%) -
RUNE 6.45 (+2.60%) -
FTM 0.81 (+5.35%) -
NEAR 8.07 (+1.56%) -
FLOKI <0.01 (-2.78%) -
ENA 0.67 (-8.56%) -
BONK <0.01 (-2.20%) -
RNDR 10.13 (-5.64%) -
JTO 4.57 (+7.10%) -
AEVO 0.80 (-2.55%) -
LINK 15.43 (+11.43%) -
WLD 4.87 (-4.49%) -
SUI 1.02 (+2.32%) -
AVAX 34.29 (-0.67%) -
SEI 0.54 (+1.61%) -
ORDI 36.77 (-5.23%) -
JUP 1.13 (-1.56%) -
ADA 0.46 (+1.08%) -
AR 45.12 (+0.88%)
Binance applies for Taiwan AML compliance Report
Published: 2023-08-11
1. Binance's application for AML compliance in Taiwan Binance,one of the largest cryptocurrency exchanges,has applied for Anti-Money Laundering (AML) compliance in Taiwan. The company's move comes amid increased regulatory scrutiny towards cryptocurrency exchanges globally. By seeking AML compliance,Binance aims to enhance its credibility and reputation in the industry. This move also reflects a growing trend of cryptocurrency companies recognizing the importance of adhering to regulatory requirements to ensure legitimacy and security for their users and investors.
2. The significance of AML compliance for cryptocurrency exchanges The increasing adoption of cryptocurrencies has raised concerns about potential money laundering and other illicit activities. AML compliance is crucial for cryptocurrency exchanges to mitigate the risks associated with such activities. By implementing effective AML measures,exchanges like Binance can improve their security protocols,prevent fraudulent transactions,and combat illicit financial activities. This move also helps to foster trust among users and institutional investors,who often require a higher level of compliance before engaging with cryptocurrency exchanges.
3. Implications for the cryptocurrency industry and Binance's expansion plans Binance's application for AML compliance in Taiwan indicates its commitment to expanding its operations in the Asia-Pacific region while complying with regulatory requirements. This development highlights the company's strategy to proactively engage with regulators and align itself with international standards. By gaining AML compliance in Taiwan,Binance aims to tap into the growing cryptocurrency market in the region and establish itself as a trusted and compliant cryptocurrency exchange. This move also sets a precedent for other exchanges to follow suit and prioritize compliance measures,ultimately contributing to the long-term viability and sustainability of the cryptocurrency industry.
Reference: cointelegraph.com
The most traded coin
(Update every 1 hour)
| at | from | is ($US) | turnover ($) |
|---|---|---|---|
| 1 | BTC |
65,349.99 | 2,143,658,899.50 |
| 2 | ARS |
1,088.20 | 1,559,848,904.80 |
| 3 | ETH |
2,937.43 | 958,351,571.08 |
| 4 | SOL |
158.40 | 725,290,479.44 |
| 5 | PEPE |
<0.01 | 435,975,336.49 |
| 6 | BOME |
0.01 | 301,982,977.70 |
| 7 | WIF |
2.84 | 219,004,437.08 |
| 8 | DOGE |
0.15 | 211,010,356.73 |
| 9 | XRP |
0.52 | 171,355,938.73 |
| 10 | PEOPLE |
0.05 | 159,882,851.27 |
| 11 | RUNE |
6.45 | 153,226,665.70 |
| 12 | FTM |
0.81 | 152,299,742.79 |
| 13 | NEAR |
8.07 | 152,070,078.62 |
| 14 | FLOKI |
<0.01 | 141,918,059.82 |
| 15 | ENA |
0.67 | 111,847,829.18 |
| 16 | BONK |
<0.01 | 105,051,484.91 |
| 17 | RNDR |
10.13 | 104,920,988.66 |
| 18 | JTO |
4.57 | 89,030,785.40 |
| 19 | AEVO |
0.80 | 83,344,129.93 |
| 20 | LINK |
15.43 | 82,627,701.25 |
| 21 | WLD |
4.87 | 80,138,643.71 |
| 22 | SUI |
1.02 | 67,888,992.93 |
| 23 | AVAX |
34.29 | 52,453,168.00 |
| 24 | SEI |
0.54 | 51,918,404.73 |
| 25 | ORDI |
36.77 | 44,386,654.86 |
| 26 | JUP |
1.13 | 43,050,901.01 |
| 27 | ADA |
0.46 | 43,045,747.33 |
| 28 | AR |
45.12 | 42,491,296.16 |
Coins with rapidly rising prices
(Update every 1 minute)
| at | from | is ($US) | more (%) |
|---|---|---|---|
| 1 | LINK |
15.43 | +11.43 |
| 2 | JTO |
4.57 | +7.10 |
| 3 |  LOOM |
0.09 | +6.17 |
| 4 | FTM |
0.81 | +5.35 |
| 5 |  RSR |
<0.01 | +5.15 |
| 6 |  CFX |
0.22 | +4.91 |
| 7 |  ERN |
4.44 | +4.45 |
| 8 |  LSK |
1.98 | +4.27 |
| 9 |  ZRX |
0.49 | +4.09 |
| 10 |  BICO |
0.48 | +3.97 |
| 11 |  THETA |
2.18 | +3.86 |
| 12 |  CHR |
0.33 | +3.63 |
| 13 |  BEAMX |
0.03 | +3.58 |
| 14 |  TFUEL |
0.10 | +3.36 |
| 15 | ![BinaryX [OLD] title=](https://titdoi.com/coins-images-mini/BNX-binaryx.webp){kind=small} BNX |
1.02 | +3.29 |
| 16 |  VANRY |
0.19 | +3.05 |
| 17 |  API3 |
2.42 | +2.72 |
| 18 | RUNE |
6.45 | +2.60 |
| 19 | SUI |
1.02 | +2.32 |
| 20 |  HIFI |
0.79 | +2.29 |
| 21 |  MTL |
1.89 | +2.28 |
| 22 |  PYR |
4.38 | +1.93 |
| 23 |  IOTX |
0.05 | +1.85 |
| 24 |  XVG |
<0.01 | +1.84 |
| 25 |  ZEC |
23.59 | +1.77 |
| 26 |  TNSR |
0.85 | +1.67 |
| 27 |  PIVX |
0.33 | +1.62 |
| 28 | SEI |
0.54 | +1.61 |
| 29 |  NTRN |
0.67 | +1.59 |
| 30 | NEAR |
8.07 | +1.56 |
The price of coins is falling rapidly.
(Update every 1 minute)
| at | from | is ($US) | reduce (%) |
|---|---|---|---|
| 1 |  STX |
1.98 | -9.46 |
| 2 | ENA |
0.67 | -8.56 |
| 3 |  ETHFI |
3.23 | -8.00 |
| 4 |  REZ |
0.11 | -7.75 |
| 5 |  PYTH |
0.42 | -7.26 |
| 6 |  KP3R |
72.84 | -7.19 |
| 7 |  CYBER |
7.39 | -7.02 |
| 8 | PEOPLE |
0.05 | -6.58 |
| 9 |  AXL |
0.99 | -6.56 |
| 10 |  QI |
0.02 | -6.52 |
| 11 |  FIDA |
0.28 | -6.32 |
| 12 | W | 0.54 | -6.09 |
| 13 |  FORTH |
3.86 | -6.06 |
| 14 |  VTHO |
<0.01 | -6.04 |
| 15 |  NFP |
0.46 | -5.87 |
| 16 |  DATA |
0.05 | -5.86 |
| 17 | WIF |
2.84 | -5.80 |
| 18 |  BAKE |
0.27 | -5.80 |
| 19 |  BADGER |
4.10 | -5.71 |
| 20 | RNDR |
10.13 | -5.64 |
| 21 |  IDEX |
0.06 | -5.56 |
| 22 |  OP |
2.37 | -5.55 |
| 23 |  RPL |
19.61 | -5.54 |
| 24 |  STRK |
1.10 | -5.40 |
| 25 |  PIXEL |
0.35 | -5.40 |
| 26 |  DF |
0.04 | -5.39 |
| 27 |  SLP |
<0.01 | -5.32 |
| 28 | ORDI |
36.77 | -5.23 |
| 29 |  ILV |
81.12 | -5.08 |
| 30 |  GLMR |
0.26 | -5.01 |
Bitcoin's Greed and Fear Index.
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| at | news | day | date | time |
|---|---|---|---|---|
| 1 | FOMC Member Bostic Speaks | Thursday | 16-05-2024 | 20:50 |
| 2 | CB Leading Index m/m | Friday | 17-05-2024 | 15:00 |
| 3 | FOMC Member Waller Speaks | Friday | 17-05-2024 | 15:15 |
| 4 | FOMC Member Daly Speaks | Friday | 17-05-2024 | 17:15 |
| 5 | FOMC Member Kugler Speaks | Saturday | 18-05-2024 | 22:45 |
