Binance's integrity is gradually disintegrating, as seen in its unwillingness to comply with financial regulations, which include being transparent about its new fiat partners on multiple continents.
Singapore-based Crypto.com responded to the loss of service by informing its customers that Euro deposits and withdrawals had been “temporarily disabled.”
The proposals in the law include a tightening of the guidelines for user identification and a ban on anonymous accounts, and also places new obligations on digital currency exchanges.
The central bank is also looking at how firms in the energy, transport and healthcare sectors could be set to benefit from blockchain.
