Binance France Changes Ownership Following Regulator Warning

The French arm of the global cryptocurrency exchange Binance has undergone a significant ownership change following a warning from France’s financial market regulator, the Autorité des Marchés Financiers ., the AMF notified Binance France that it needed to address issues stemming from conflicts involving the original beneficial owner and the United States Justice Department, Commodity Futures Trading Commission and the Treasury’s Financial Crimes Enforcement Network.

Binance France did not disclose the new beneficiaries’ names but mentioned that both are members of Binance’s founding team. Experts at mentioned that these individuals are Lihua He and Yulong Yan, about whom little information is available. The Binance white paper likely refers to Allan Yan as Yan, the first product director. Yan also co-founded Bijie Tech with Zhao, a Shanghai-based company that offered software solutions to crypto exchanges but closed down in 2017.

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reps urge agencies to take ownership of govt propertiesThe Nation Newspaper Reps urge agencies to take ownership of govt properties
Source: TheNationNews - 🏆 6. / 69 Read more »

June 12: It’s time for youths to rise, take ownership of democracyThe African Democratic Congress, ADC, has said after over two decades of uninterrupted democracy and 25 years after the June 12, 1993, Presidential election, it was time Nigerian youths take ownership of the nation's democracy.
Source: DailyPostNGR - 🏆 11. / 59 Read more »

High cost of credit, construction trigger rise in fractional property ownershipOperatives are overcoming high entry barriers and financial constraints in real estate by embracing fractional investment,
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Experts canvass wealth creation through home ownership, property investmentsTowards ensuring economic stability among families, experts have emphasised the need to create wealth and double less than 15 per cent home
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Oil Ownership Controversy: Landmass doesn’t give N’Delta oil to North — Mudiaga-OdjeDr. Akpo Mudiaga-Odje, has torn to shreds the contention of a Northern leader, Hon Usman Bujaje, that Nigeria’s oil belongs to the North
Source: vanguardngrnews - 🏆 5. / 75 Read more »

India Fines Binance $2.25m Amid Ongoing Trial In NigeriaThe Latest News from Nigeria and Around the World
Source: channelstv - 🏆 7. / 63 Read more »