Tue, 21-Oct-2025

Turkey slaps Binance with $750,000 fine, first on crypto platform

crypto platform

Turkey’s Financial Crimes Investigation Board (MASAK) slapped cryptocurrency exchange Binance with a fine of the maximum amount of TL 8 million ($750,000) for running afoul of the country’s new regulations. According to a report by Anadolu Agency (AA), this fine is considered the first of its kind. Turkey had earlier this year put a new set … Read more

Saudi Arabia forms independent body to probe financial crimes

financial crimes

RIYADH: Saudi Arabia’s Public Prosecution on Tuesday announced the establishment of an independent specialised unit to investigate financial frauds, the Saudi Press Agency reported. Saudi Arabia is taking several measures to ensure the protection of consumers and businesses within the kingdom and from criminals operating outside. [embedpost slug=”/saudi-arabia-to-privatise-all-its-airports/”]