#alerte Cryptocurrency exchange giant Binance is facing a class-action lawsuit in Canada over alleged violations of local securities laws. Additionally, the Philippine SEC ordered Google and Apple to remove the Binance app from their app stores. In another blow, Binance founder Changpeng âCZâ Zhao faces 36 months in prison for violating anti-money laundering laws in the United States đš
On the other hand, the European Parliament approved new regulations allowing cryptocurrency companies to combat money laundering. These laws aim to improve due diligence measures and customer identity checks.
In the United States, the SEC is reviewing new guidelines for Bitcoin options trading, seeking to better understand how this could affect the broader market.
Finally, Chinese investors will not be able to purchase Bitcoin ETFs in Hong Kong, despite the recent approval of these products.
What is your opinion on this đ€
