PANews November 29 news, Binance announced that due to the new regulations of Taiwan (Anti-Money Laundering Act) effective November 30, 2024, all merchants in the New Taiwan Dollar (TWD) market who have not passed P2Pro certification (i.e., those who have not obtained approval from Taiwan's Financial Supervisory Commission for Anti-Money Laundering Compliance Statement), including cash traders, will have their advertisements removed from the Binance P2P platform on November 29, 2024. Only merchants who have passed P2Pro certification may continue to operate in the TWD market, while uncertified merchants will be prohibited from posting advertisements or providing TWD and virtual asset trading services. Binance encourages merchants to apply for Anti-Money Laundering registration with Taiwan's Financial Supervisory Commission starting November 30, 2024, and to apply for P2Pro merchant certification after obtaining approval.