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Weekly Roundup: Turkey Fines Binance, Cryptocurrency Compliance Chief Discusses Travel Rule, and More

Turkish regulators fined Binance nearly $750,000 for failing to vet customers, Cointelegraph reported, citing Anadolu Agency. More The embattled cryptocurrency exchange disclosed a $100 million investment to support the development of virtual assets and blockchain companies in France as part of a public relations campaign to overcome increased regulatory scrutiny around the world, CNBC reported. More Elena Hughes, chief of compliance at cryptocurrency firm Gemini, told The Wall Street Journal that she and industry colleagues are working to develop a standardized, sector-wide framework for adhering to the travel rule. More A U.S. government watchdog found in a report that terrorist...

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