The Dutch central bank had fined the crypto exchange Binance $ 3.35 million in April 2022, the Dutch central bank has said.
Binance provided services to Dutch nationals without having undergone the proper registration process, which led to the imposition of penalties. While De Nederlandsche Bank (DNB) estimated the size of the fine, it used its general fines policy. Due to the large customer volume Binance has in the Netherlands, additional fees were also imposed.
Binance has often been criticized for operating without the necessary permits.
In the United States, the Securities and Exchange Commission (SEC) looks at the stock market. The Philippine Ministry of Trade and Industry (DTI) had received a letter from Binance requesting the provision of services in the country even though it did not have the correct registration. Now, however, Binance has applied for the right licenses to continue driving.
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In other news, Blockchain-based startup STAN has announced entering into a strategic partnership for non-fungible tokens (NFTs) with three of India’s leading Battlegrounds Mobile India (BGMI) pro team – OR, inNSANE and Blind. STAN is a digital collectible and / or changeable NFT platform
As part of these collaborations, STAN, together with each of these BGMI teams, will also organize fan meetings and other types of major media and social engagement.
Both OR and Blind have named STAN as their official NFT and digital collection object partner. inNSANE has entered into a partnership with STAN for gaming and eSports enthusiasts.
inNSANE fans will have a chance to collect, play and swap NFT collectibles for their favorite eSports players and content creators, where they will win various rewards and rewards.
STAN has already partnered with several leading Battlegrounds Mobile India (BGMI) athletes and creators in India, and plans to partner with more popular game creators and organizations.
Crypto prices
The price of Bitcoin in the cryptocurrency market rose by 3.28 percent in the last 24 hours, and it was traded at $ 22036.95 at 17:15 IST. According to Coinmarketcap.com, the dominance in the crypto market is currently 41.70 percent, down 0.31 percent in the last 24 hours.
Ethereum (ETH) was trading at $ 1,475.23, up 8.87 percent, while Binance Coin (BNB) was up 3.15 percent in the last 24 hours, trading at $ 260.90. Solana (SOL) was up 5.14 percent to $ 41.61, while Cardano (ADA) was up 7.54 percent to $ 0.4871.
Meme coins
Dogecoin was trading at $ 0.06649 at. 17:15 IST, up 3.63 percent on Coinmarketcap.com. The competitor, Shiba Inu, was up 2.09 percent, trading at $ 0.00001129. Samoyedcoin was up 5.25 percent, trading at $ 0.01085, while Dogelon Mars was up 2.92 percent, trading at $ 0.0000003323.
Overall scenario
According to Coinmarketcap.com, the global market value of crypto was $ 1.01 trillion, an increase of 4.19 percent over the last 24 hours, while the total crypto market volume was $ 80.90 billion, an increase of 14.31 percent .
