As more regulatory scrutiny piles up for behemoth cryptocurrency exchange Binance, CEO Changpeng Zhao (CZ) has clapped back at critics alleging the company could be a tool of the Chinese government. The Binance chief noted in a blog post that the executive team of his company is dominated by Europeans and Americans, adding that the […]
Behemoth cryptocurrency exchange Binance has secured the highly-coveted certification of the Bank of Spain to operate as a fully licensed Virtual Asset Service Provider (VASP) in the European nation. Essentially, Spanish authorities, through the Spanish subsidiary Moon Tech Spain, S.L., deem Binance compliant with all the AML/KYC requirements set by the Bank of Spain. The […]
Binance has come under regulatory scrutiny again, this time with the SEC. The United States Securities and Exchange Commission (SEC) recently launched an investigation on the behemoth cryptocurrency exchange to ascertain whether it violated securities laws with its BNB token initial coin offering (ICO) five years ago. The latest regulatory report was published by Bloomberg […]
Cryptocurrency has slowly become the most preferred means for fundraising and donations, thanks to the numerous advantages it holds over banks and traditional channels. This preference has been highlighted in the ongoing Russia-Ukraine war, as the Ukrainian government recently charged the crypto community to support its fight in a series of tweets over the weekend. […]
BNBUSD Price Analysis – February 25 The price may continue its bearish movement if the daily candle close below the $329 level, the support levels of $256 and $200 may be the target. Inability to break down the $329 level by the bears may leads to bullish trend towards $397, $448 and $516 levels. BNB/USD […]
What is interest? From the dictionary meaning of interest, we get to know that interest is the price paid for obtaining a loan on the part of the individual who obtains a loan, and it is the amount of money received for providing a loan to individuals who are interested in borrowing. Interest retains its […]
As the cryptocurrency industry continues to add new coins daily, it has become increasingly tough to choose a good investment crypto option. While all crypto assets are good speculative vehicles, not all are suitable for long-term investment. In this article, we’ll take a brief foray into two of the most reliable crypto-assets in the industry; […]
Binance continues to fall on the wrong side with regulatory authorities across the globe, despite increased efforts to be of best practice. Reports show that US authorities are probing the behemoth cryptocurrency exchange for insider trading and market manipulation. While this new probe comes from the Commodity Futures Trading Commission (CFTC), the Justice Department (DOJ) […]
The Bank of Lithuania, the central bank of Lithuania, has joined the growing list of regulatory authorities to clamp down on Binance, the world’s largest cryptocurrency exchange. The bank recently issued a warning to Binance UAB about its unlicensed investment services provided in Lithuania. The bank also “ordered the company to ensure that its publicly […]
