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Cryptocurrency Exchanges Binance, Kraken May Be Operating Unlawfully in New York: AG Report

Cryptocurrency Exchange Binance May Be Operating Unlawfully in NY: AG

New York State Attorney General Barbara Underwood has referred three major cryptocurrency exchanges to the state’s Department of Financial Services (NYDFS) for potential violation of New York’s virtual currency regulations. The exchanges referred are Binance, Gate.io and Kraken. This was revealed in the Virtual Markets Integrity Initiative Report released earlier today by the Office of the New York State Attorney General (OAG).

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