Binance, the world’s leading cryptocurrency exchange by trading volume, has announced the reinstatement of its services in Belgium after a three-month suspension. This development comes in response to a directive from the Financial Services and Markets Authority (FSMA) in June, which ordered the exchange to halt its operations in the country due to alleged violations […]
Binance, the global cryptocurrency juggernaut, has gone on the offensive against the U.S. Securities and Exchange Commission (SEC), contesting the regulator’s lawsuit alleging securities law violations. The exchange, alongside its U.S. affiliate Binance.US and CEO Changpeng “CZ” Zhao, filed a motion to dismiss the SEC’s charges. In a bold move, Binance and its co-defendants argue […]
In a significant development in the ongoing legal battle, the US Securities and Exchange Commission (SEC) has encountered a roadblock in its lawsuit against Binance.US, the American arm of the global cryptocurrency exchange Binance. A federal judge has denied the SEC’s request to inspect Binance.US’s software, citing the need for greater specificity and additional witness […]
Chainlink made a $62.4 million transfer to Binance sparking a cryptocurrency market frenzy. Ten million LINK tokens were recently transferred to a Binance exchange by Chainlink. A well-known and significant exchange in the cryptocurrency market is Binance. According to recent statistics from The Data Nerd, the price of LINK was $6.24 per token at the […]
The US branch of global crypto exchange giant Binance is under the regulatory microscope, as the Securities and Exchange Commission (SEC) accuses Binance.US of non-cooperation in its investigation into potential violations of federal securities laws. BREAKING: The SEC has filed charges against #Binance US for failure to cooperate with the investigation. — Breaking Whale (@BreakingWhale) […]
In a strategic move that reflects the dynamic landscape of the cryptocurrency market, Binance, one of the world’s premier crypto exchanges, has unveiled plans to gradually discontinue its support for BUSD products by February 2024. The widely-used BUSD, a stablecoin pegged to the US dollar, was a collaborative effort with Paxos, a regulated trust company. […]
In a surprising turn of events, Binance Connect, a vital arm of the Binance trading ecosystem specializing in regulated cryptocurrency transactions, has caught the attention of the crypto community with its unexpected decision to shutter operations on August 16. This announcement has triggered a wave of speculation regarding the driving forces behind the move and […]
Binance Japan has announced the list of 34 cryptocurrencies that will be available for trading when it launches in August. The platform, which was created after Binance acquired Sakura Exchange BitCoin last November, aims to comply with local regulations and offer a safe and secure environment for crypto enthusiasts in Japan. According to Coinpost, Binance […]
In a determined stand against the U.S. Commodity Futures Trading Commission’s (CFTC) lawsuit, Binance, the world’s largest cryptocurrency exchange, has filed a motion to dismiss the allegations. The CFTC had accused the platform of offering illegal derivative products to U.S. residents and failing to comply with anti-money laundering, customer protection, and registration requirements. Binance’s response […]
