ISTANBUL (Reuters) -Turkey’s Financial Crimes Investigation Board (MASAK) imposed an 8 million lira ($751,314) wonderful on the native unit of cryptocurrency exchange Binance over violations discovered throughout legal responsibility inspections, the Anadolu news agency mentioned on Saturday.
The wonderful imposed on BN Teknoloji was the primary of its sort after the authority took on duties to supervise crypto asset service suppliers in May, the state-owned news agency mentioned, with out elaborating on the violations or inspections.
A Binance spokesperson mentioned the corporate didn’t talk about publicly its communications with the authorities and regulators. MASAK couldn’t be reached for remark on the weekend.
($1 = 10.6480 liras)
(Reporting by Ezgi Erkoyun; Editing by Pravin Char and Edmund Blair)
