According to Bitcoin.com News, Sandmark, a cryptocurrency analysis platform, found on August 19th that Binance still allows users in Austria, France, Germany, Spain, and Belgium to register and complete identity authentication, and their accounts can use services such as receiving cryptocurrency deposits. The European Securities and Markets Authority (ESMA) requires unauthorized institutions to cease account opening and service marketing for EU clients by July 1st. Binance stated that it is still pushing for relevant licenses and has taken measures to ensure that its products and services comply with applicable legal regulatory frameworks. On August 14th, the Austrian Financial Market Authority (FMA) fined Bitpanda 70000 euros for notification and marketing violations.
