The fine imposed on BN Teknoloji was the first of its kind after the authority took on responsibilities to oversee crypto asset service providers in May, the state-owned news agency said, without elaborating on the violations or inspections.
A Binance spokesperson said the company did not discuss publicly its communications with the authorities and regulators. MASAK could not be reached for comment at the weekend.Reporting by Ezgi Erkoyun; Editing by Pravin Char and Edmund BlairSubscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox.
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