The biggest crypto exchange in the world is trying to get officially registered in Taiwan. They want to follow the local rules against money laundering. Two people who know about this have talked about it.Follow CryptosHeadlines On <a href="https://twitter.com/CryptosHeadline" rel="noopener noreferrer nofollow">Twitter</a>Binance, the world’s biggest place for trading cryptocurrencies, wants to follow Taiwan’s rules against money laundering. They’re <a href="https://law.fsc.gov.tw/LawContent.aspx?id&#61;GL003218&amp;kw&#61;%e8%99%9b%e6%93%ac%e9%80%9a%e8%b2%a8%e5%b9%b3%e5%8f%b0%e5%8f%8a%e4%ba%a4%e6%98%93%e6%a5%ad%e5%8b%99%e4%ba%8b%e6%a5%ad%e9%98%b2%e5%88%b6%e6%b4%97%e9%8c%a2%e5%8f%8a%e6%89%93%e6%93%8a%e8%b3%87%e6%81%90%e8%be%a6%e6%b3%95" rel="noopener noreferrer nofollow">trying to officially register</a> under Taiwan’s Money Laundering Control Act. This is the only set of rules that local authorities have made about cryptocurrencies.In a private meeting on Tuesday, Taiwan’s Financial Supervisory Commission (FSC) talked to many local <a href="https://cryptosheadlines.com/withdrawals-suspended-by-nigerian-crypto-company-following-btc-and-naira-compromise/" rel="noopener noreferrer nofollow">crypto companies</a>. They said that Binance is trying to register and follow the rules against <a href="https://cryptosheadlines.com/global-money-laundering-watchdog-qatars-crypto-ban-enforcement-found-lacking/" rel="noopener noreferrer nofollow">money laundering</a>. Two people who know about this talked about it.Taiwan wants companies that deal with virtual assets to follow its rules against money laundering. They made these rules in July 2021. If companies don’t follow these rules, the crypto industry in Taiwan mostly doesn’t have strict rules. <a href="https://cryptosheadlines.com/binance-seeking-taiwan-registration-for-aml-compliance/" rel="noopener noreferrer nofollow">Read More...</a>

Binance Seeking Taiwan Registration for AML Compliance

CryptosHeadlines.com

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