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News related to Crypto / Re: Binance Could Come Back to India by Paying $2M Fine: Report
« Last post by bitterguy28 on Today at 02:33:54 PM »they should have done this earlier but yeah we must be thankful for their action now and shows interest in complyingThey were also recently ban in our country, the Philippines.
And it seems though that the target of Binance is around South East Asia as they know that there are huge potential in this continent so I wouldn't be surprise that they are willing to pay that fine and get back to India.
And who knows, maybe in the Philippines if they comply to everything and then pay a fine as well they will be back. We have been enjoying their P2P until they are ban so hopefully they can make a big comeback.
Just an update to this, it seems that they also wanted to comeback to the Philippines,QuoteBinance also stressed that the situation is just temporary:
It’s important to note that in spite of the temporary accessibility issues, Binance is committed to complying with local regulations and securing a beneficial outcome for our users.
https://bitpinas.com/regulation/binance-responds-sec/
So indeed, they are clawback back in Asia for sure, maybe they will have to go to the same route of paying the fine to our SEC or the government, have their clearance approved and then just like that, they are back in our country and crypto enthusiast here will be happy.
with what is the government is asking them and what would be the best for the people of philippines.
at least each SEC of those countries are getting piece of cake to what is the SEC of US gather from binance recently .