Could you please provide me with an update on the status of Binance? I've been hearing some rumors lately about its operations, and I'm wondering if it's still actively functioning in the cryptocurrency market. Given the volatile nature of this industry, it's important for me to stay informed and make informed decisions. Could you confirm whether Binance is still operational and, if so, how it's faring in the current market conditions? Your insights would be greatly appreciated.
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    Maria
    Thu May 09 2024
   
  
    Despite these new measures, Binance will continue to operate within the industry.
  
  
 
            
            
  
    
    OpalSolitude
    Thu May 09 2024
   
  
    The company is mandated to maintain and further strengthen its compliance program.
  
  
 
            
            
  
    
    Martina
    Thu May 09 2024
   
  
    However, it will now be bound by these new ground rules, ensuring a more secure and compliant environment.
  
  
 
            
            
  
    
    charlotte_bailey_doctor
    Thu May 09 2024
   
  
    This is to ensure that all its business operations align with the anti-money-laundering standards established in the United States.
  
  
 
            
            
  
    
    TaegeukChampion
    Thu May 09 2024
   
  
    Additionally, the company is obligated to appoint an independent compliance monitor.