June 26th, 2023 at 5:18 am UTC · 3 min read
Binance loses its global standing as the De Nederlandse Bank (DNB) doesn’t give Binance the clearance to operate as a digital asset service provider. While Binance faces regulatory issues in both the U.S. and Europe, many crypto investors have recognized VC Spectra (SPCT) as a hidden crypto gem. Find out why experts believe VC Spectra (SPCT) could soon rise to the level of Bitcoin!
U.S. cryptocurrency exchange company Binance announced the decision to discontinue its services in the Netherlands. As of July 17, Binance users in the Netherlands can no longer trade and deposit funds on the platform and can only withdraw assets.
De Nederlandse Bank (DNB) previously fined Binance $3.6 million for operating without official clearance. The latest development has also resulted from Binance’s failure to gain approval from the DNB, although the company stated that it would resume its efforts to obtain clearance in the Netherlands.
Binance could also lose its permit to operate in France, as French authorities will investigate the allegations of ‘aggravated money laundering.’ Furthermore, Binance recently canceled its operations in the United Kingdom, which leads many to believe that Binance could soon abandon the entire European region. However, Binance declared its commitment to sustain operations in all the countries that have licensed Binance.
Meanwhile, BNB is selling for $243.08, dropping by 2.55% in the last 24 hours. Experts believe that Binance’s troubles in the European market and ongoing legal issues with the SEC could cause pronounced price dips in the next term.
Numerous crypto investors and analysts choose VC Spectra (SPCT) as the next stable and lucrative investment after legal problems have started to shake Binance’s position of security. VC Spectra’s (SPCT) great potential and incredible real-world utility have inspired stellar predictions even while the token is in the presale phase.
VC Spectra (SPCT) is a community-driven decentralized hedge fund that rewards users with quarterly dividends and buybacks from their investments. VC Spectra (SPCT) offers amazing investment opportunities in a wide variety of tokens and provides optimal returns while minimizing the risks.
VC Spectra’s (SPCT) user-friendly interface empowers users to explore countless options from the most rewarding current blockchain projects and technology startups. The platform’s AI trading systems identify market trends in various niche markets and help users select the projects with the highest potential.
The VC Spectra (SPCT) deflationary token incorporates a burn mechanism that reduces token circulation. It provides VC Spectra (SPCT) users with voting rights for future seed/private sales and multiple benefits like pre-ICO discounts.
The token is currently selling for $0.008, with a targeted price of $0.08 during the next stages of the presale. Thus, you could receive 10x gains if you invest in VC Spectra (SPCT) today! Analysts predict that VC Spectra (SPCT) amazing real-life utility will enable this hidden gem to outperform the competition and expand to Bitcoin’s level. So, don’t miss your chance to make informed investment decisions and receive countless gains!
Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.