The Capital Markets Board (CMB) has announced new regulations that include comprehensive changes for cryptocurrency exchanges. These updates to the Capital Markets Law No. 7518 cover a wide range of issues, from the operation of crypto platforms to the protection of customer rights. With these regulations, the CMB aims to increase investor security and increase the transparency level of platforms.
The new regulations of the CMB bring important changes to the protection of customers' cash assets. Accordingly, platforms will store customer cash only in banks and keep these assets separate from their own assets. In addition, accounts opened in the name of the customer must be clearly defined and must be stated to belong only to the relevant customers. Customer cash cannot be received or delivered by anyone other than authorized institutions. Crypto asset platforms will only accept customer orders through their own websites or mobile applications. Receiving orders via social media is completely prohibited. All orders must be recorded in a secure and unchangeable manner, these steps aim to increase customer security and reduce fraud risks.
The new regulations also restrict the trading of cryptocurrencies through exchange offices or similar structures. These transactions will be considered unauthorized crypto asset service providers, and such activities will have to cease by November 8, 2024. Platforms that perform these transactions without legal permission will face serious sanctions. However, NFT and in-game assets are exempt from this regulation; platforms that process such digital assets will be exempt from CMB supervision, but will still be required to notify CMB when making transactions.
The CMB’s new regulations aim to increase the transparency of cryptocurrency platforms. Platforms must clearly inform customers whether the assets they trade are under the CMB’s supervision. If a platform trades assets outside the CMB’s jurisdiction, it must disclose this to customers and confirm that the information is understood before transactions. In addition, platforms are prohibited from making misleading advertisements and campaigns; they are also prohibited from making misleading promises such as guaranteed returns or losses. It has been made mandatory to end such campaigns within 15 days.
The new regulations also cover liquidity providers and peer-to-peer (P2P) marketplaces. Liquidity providers will not be considered as platform activities if they do not provide direct services to investors. However, P2P marketplaces that provide unauthorized crypto asset services will also have to cease their activities by November 8, 2024. With these regulations, the CMB aims to create a more transparent, reliable and regulatory environment in the cryptocurrency market and aims to protect investors.
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THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE ESPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION OF WHAT I HAVE SAID ABOUT THIS ISSUE BY CALLING LIVE HELP. IT IS A 10 DOLLAR CAMPAIGN MADE FOR YOU THROUGH ME.
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So who can benefit?
Our friends who have not yet activated the futures section, when you activate your FUTURES transaction section, you will earn $10 when you open it by entering my 88623008 reference code.
I EXPLAIN IN DETAILED.
My brothers and sisters who have become Binance members without a reference, please listen carefully;
When you do what I say in order, you will receive 10 USDT.
Go to the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward until MAY 1 can do so. Afterwards, after activating your account, it is enough to open your first futures transaction.
The first 1,000 brothers who open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this; even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
Even if you do this after May 1st, your reward will not come. So, do it until May 1st. In fact, I would say do it right now in 5 seconds.
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WHEN WILL THE REWARD COME?
Your $10 reward will come to the REWARDS section of your Binance application within 30 days from May 1. By activating it from there, you can use your $10 reward, or more than 300 lira, in futures transactions.
You can share this post with your friends in need so that they can also benefit from it.
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