The FSC reportedly informed dozens of domestic crypto service providers that Binance is applying for Anti-Money Laundering (AML) compliance, according to a report published in local media. The report cited Chen Peiyun, co-founder of Taiwan-based crypto exchange BitShine, as the source of information, who revealed that the FSC named Binance as one of the exchange prospects planning to enter the Taiwanese crypto market.
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Source: Cryptocurrency - investing.com
