Today, the executive order will be signed for retirement funds to invest in crypto currencies. Emir expected to be signed at 19:00 BTC Its price to move towards 117 thousand dollars. Moreover, the announcement that the Paxos case of Binance was completed. This is one of the consequences of Trump’s task.
PAXOS CASE AND BİNANCE
New York State Financial Services Department Today Paxos Trust Company’s Binance and negligence in business relationship. Failure to detect adequate situation, due to the systemic deficiencies in the prevention of money laundering, Paxos will pay 26.5 million dollars to New York province. In addition to this penalty, Paxos agreed to make additional $ 22 million in order to improve the compliance program according to a plan approved by DFS.
Inspector Harris said;
“Financial Services Department, crypto currency It has pioneered the country to regulate the sector, to protect consumers and markets through examinations, inspections and sanctions when necessary.
Organizations subject to regulation should maintain risk management frameworks in accordance with business risks, including relations with business partners and third -party sellers. The department continues to take important steps to provide accountability and therefore to protect consumers and to protect the integrity of the financial system. ”
In February 2023, Binance USD ordered to stop the export of the DFS stock market of the stock market was exported by the stablecoin of the stablecoin. The case that ends today means a clean page and is quite positive for crypto currencies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
