Reuters Says Binance Commingled Funds, But Is It Just More FUD?
The Breakdown
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Cryptocurrency Exchanges in Asia
The Securities Commission of Malaysia has ordered Huobi Global to halt operations in the country amid allegations that it's operating a crypto exchange without the proper registration. Gemini is also in hot water, this time with Filipino regulators following the launch of their global derivatives platform last month. The penalty for breaches of securities regulations in the Philippines can carry a maximum 21-year prison sentence or a fine of approximately $90,000.
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