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_Wendy
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Binance Will Delist GFT,
IRIS
, KEY,
OAX
,
REN
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Binance Announcements
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$BTC 🇻🇳 Vietnam’s Ministry of Finance Proposes First Crypto Violation Penalties Vietnam’s Ministry of Finance has introduced a draft amendment to securities penalty decrees, explicitly addressing crypto assets for the first time, signaling a step toward regulated crypto pilots amid rapid market growth. Five Market Manipulation Behaviors Identified: 1️⃣ Using multiple accounts to fake supply/demand 2️⃣ Collusive trading without real asset transfers 3️⃣ Coordinated order placements to manipulate prices 4️⃣ Influencing prices via media statements 5️⃣ Spreading rumors or false info to sway markets Proposed Penalties: • Market Manipulation by Individuals: Fines of 1.5–2 billion VND (~$60,000–80,000) • Non-Compliant Crypto Exchanges: Fines up to 2 billion VND, plus 3–5 month suspension • Failures in User Verification, Transparency, or Misleading Ads: Fines from 300 million to 2 billion VND • Investors Using Unauthorized Accounts or Non-Licensed Institutions: Fines of 100–200 million VND The Ministry aims to mitigate risks and safeguard investors during this pilot phase, with insights shaping a robust regulatory framework. The Ministry of Public Security and State Bank of Vietnam will closely monitor crypto exchanges to enforce compliance. Follow Wendy for more latest updates
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SEC Chair Pushes Clear Crypto Rules for Trading, Custody, and Issuance
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$BTC Gemini Secures License in Malta to Offer Regulated Derivatives Across Europe Gemini has announced that it has obtained an Investment Firm License from the Malta Financial Services Authority (MFSA), allowing the company to offer regulated derivatives across the European Union (EU) and European Economic Area (EEA) under the MiFID II framework. This development marks a significant step in Gemini’s 2025 European expansion, enabling the platform to provide derivative products, including perpetual futures, to both retail and institutional users. The company plans to work towards meeting the necessary conditions to launch these products in the coming months, expressing confidence that the new license will create additional opportunities in the European market and beyond. Further updates on their progress are anticipated as Gemini continues its expansion efforts.
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Cryptoquant CEO Predicts the Rise of ‘Dark Stablecoins’
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$ETH A whale, inactive for 4 years, transferred 10,214 $ETH ($26.03M) to a new address. Address: 0xbc7..5a62
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