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German Regulator Warns Binance of Securities Law Violation Risk with Stock Tokens

Some weeks ago, Binance released its commission-free tradable stock tokens to help link the cryptocurrency industry and Wall Street. However, a top German financial regulator, BaFin, has warned that Binance could face heavy fines and scrutiny for offering security tokens without publishing the investor prospectus. Upon launch, the behemoth exchange announced that it would allow […]

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CFTC Launches Probe Into Binance on Unregistered Derivatives Sales

The world’s largest cryptocurrency exchange, Binance, is reportedly under investigation by the US Commodity Futures Trading Commission (CFTC) for letting residents trade derivatives without having the necessary registration. Although the CEO of the company, Changpeng Zhao, has come out to call the accusation a “FUD,” it didn’t stop the cryptocurrency market from taking the news […]

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