What You Need to Know

F

Fernik

Guest
Here are a few things you need to know about Binance's approval to offer BTC and cryptocurrency services to institutional investors in Dubai:

  • The approval is for the Dubai entity of Binance, not the global exchange.
  • The approval is for a limited range of services, including crypto-to-fiat exchange, custody, and brokerage.
  • The approval is subject to certain conditions, such as compliance with AML/KYC regulations.
I hope this helps to clarify things. If you have any other questions, please feel free to ask.#Binance #Dubai #Cryptocurrency #Regulation
 
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