Foresight News reports that Binance has announced that in accordance with the new amendments to Taiwan's Anti-Money Laundering Act effective November 30, 2024, all merchants in the New Taiwan Dollar (TWD) market, including cash merchants, who have not obtained P2Pro certification (approved by the Financial Supervisory Commission of Taiwan for Anti-Money Laundering Compliance), will have their advertisements removed from Binance P2P's TWD market on November 29, 2024. Affected merchants are prohibited from posting any advertisements related to the New Taiwan Dollar or providing services for buying and selling New Taiwan Dollars and virtual assets on the platform. Binance urges all affected merchants to raise awareness and plan ahead to apply for Anti-Money Laundering registration with the FSC starting November 30, 2024, and to apply for P2Pro merchant status after obtaining approval.