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Binance received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a cryptoasset service provider in the Kingdom of Bahrain. The in-principle approval from CBB still requires Binance to complete the full application process, which is expected to be completed in “due course”.
Turkey’s Financial Crimes Investigation Board (MASAK) has fined Binance Turkey TRL 8m (nearly USD 750,000) after the crypto exchange failed the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance, per local outlet Anadolu Agency. With this, Binance
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