Binance.US COO claims SEC lawsuit led to banks withdrawing support, strangling business

Binance. US, the American subsidiary of the global cryptocurrency exchange Binance, experienced significant operational disruptions following legal challenges by the United States Securities and Exchange Commission (SEC).

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Binance Promotion In The Philippines: Here’s Why You Could Face Up To 21 Years In Prison

According to a Reuters report, the Philippines Securities and Exchange Commission (SEC) has taken steps to restrict access to Binance, the world’s largest cryptocurrency exchange in terms of trading volume.

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Binance CEO outlines plan for crypto exchange after CZ steps down

Richard Teng became CEO of crypto exchange Binance after Changpeng Zhao agreed to step down as part of a settlement with the U.S. Department of Justice announced on Nov. 21.

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Binance to remain a top-three exchange until 2026 — Matrixport

Analysts at Matrixport do not rule out there will be pressure to ‘right-size’ Binance. With Changpeng Zhao leaving Binance as its Chief Executive Officer (CEO), the crypto exchange will likely have from two to three years before competition in the…

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Binance Facing Shocking $4 Billion Fine in US

The U.S. Justice Department is seeking a monumental settlement of over $4 billion from Binance in exchange for ending an ongoing criminal case against the flagship exchange

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Binance CEO reportedly lost $12b amid regulatory problems

The fortune of the founder and head of the largest crypto exchange, Binance, Changpeng Zhao, decreased by $12 billion amid problems with the trading platform. The Bloomberg Billionaires Index cut its earnings estimate for the Binance cryptocurrency exchange by 38%…

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Binance Crypto Withdrawals Back Online After Temporary Outage

Withdrawals on cryptocurrency exchange Binance are temporarily unavailable due to a "technical issue," according to a post on the exchange's X account.

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Binance Faces Aggravated Money Laundering Charges In France, Key Figure Departs

In a recent development, Binance, the world’s largest cryptocurrency exchange, is facing serious allegations of “aggravated money laundering” in France. These charges come after a visit by local police to the exchange’s headquarters in the European country on June 16.

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Binance Halts New User Registrations In The UK Starting October 16

In a significant development, Binance, the world’s largest cryptocurrency exchange, announced the suspension of access to its platform for new users in the United Kingdom.  According to a Bloomberg report, the move comes after the termination of a partnership with a third-party firm responsible for approving communications on the exchange, as mandated by the UK’s […]

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SEC Files Sealed Motion In Binance Case: Unveiling A ‘Rare’ Legal Maneuver

In a surprising turn of events, the United States Securities and Exchange Commission (SEC) has filed a sealed motion in its ongoing litigation against Binance, the world’s largest cryptocurrency exchange.

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Binance to Reenter Japan in August 2 Years After Regulator's Warning

Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November.

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Binance recently laid off 1,000 employees: report

Binance is reported to have dismissed about 1,000 of its employees recently. The report cites sources close to the exchange and comes at a time Binance is battling regulatory pressure. The leading crypto exchange celebrated its 6th birthday on July 14.

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Binance Operations In Brazil Under Investigation Amidst Its Global Regulatory Issues

World’s biggest exchange, Binance, is under heat following regulatory crackdowns on its national subsidiaries. In the latest developments, Binance’s branch in Brazil becomes the newest arm of the exchange to face scrutiny from national authorities.

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Binance.US Initiates Lawsuit, Alleging SEC’s Misleading Statements

A motion has been filed by lawyers representing Binance. US, Binance Holdings Limited (the global exchange), and Binance CEO Changpeng “CZ” Zhao. The motion alleges that the United States Securities and Exchange Commission (SEC) provided misleading statements regarding an ongoing securities lawsuit.

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Binance unveils local crypto exchange in Kazakhstan

Major crypto exchange Binance continues to expand its services globally with the latest launch of a new digital asset platform in Kazakhstan. 

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Binance SEC lawsuit could dent crypto exchange’s global plans

The U.S. SEC is issuing a spate of regulatory actions against major exchanges, including the world’s largest digital asset exchange, Binance.

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Binance to Exit the Netherlands After Regulatory Stalemate

Binance, the worlds leading cryptocurrency exchange, is set to withdraw from the Netherlands after failing to secure necessary approval from the Dutch financial regulator. The exchange was not able to...

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Binance CEO denies selling Bitcoin amid market manipulation allegations

Binance CEO Changpeng ‘CZ’ Zhao denied rumors that his exchange was selling Bitcoin to protect BNB’s price, according to a June 13 tweet. CZ tweeted that “Binance have not sold BTC or BNB,” adding that the exchange still holds “a bag” of bankrupt FTX’s FTT.

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Binance Changes Terms of Service As BNB Reverses 2023 Gains

Binance, the largest global cryptocurrency exchange, has quietly changed its terms of service after the United States Securities and Exchange Commission (SEC) filed a complaint at the District Court for the District of Columbia on June 5.

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SEC's Temporary Restraining Order Would 'Effectively End' Binance.US Business, Company Claims

A Securities and Exchange Commission (SEC) Monday effort to freeze Binance.US's funds is a "draconian and unduly burdensome" move, the U.S. affiliate of the global crypto exchange argued Monday.

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Binance Nigeria Ordered to Halt 'Illegal' Operations by Securities Watchdog

A spokesperson for Binance, which faces a U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.

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Bitcoin, Ether Trade at Premiums on Binance.US as Investors Flee Following SEC Actions

The U.S. Securities and Exchange Commission was seeking to freeze assets on Binance.US after suing the exchange and its global sister-entity Binance, CoinDesk reported Tuesday.

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Binance Responds to SEC’s Complaint, Pledges “Vigorous” Defense Amid Overwhelming Industry Support

On Monday, Binance, the world's largest cryptocurrency exchange by traded volume, was hit with a lawsuit by the U.S. Securities and Exchange Commission (SEC) alleging violations of federal securities laws.

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Binance.US deems SEC lawsuit ‘baseless’; plans to defend self

Binance. US, the United States subsidiary of the embattled Binance exchange, described the Securities and Exchange Commission’s (SEC) lawsuit against its platform as “baseless. ” In a June 5 statement, Binance.

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Breaking: SEC Unleashes Legal Fury on Binance and CZ, BNB Plunges

U.S. Securities and Exchange Commission (SEC) has filed lawsuit against Binance, world's largest crypto exchange, and its CEO, Changpeng Zhao

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WazirX Exchange Clarifies Binance Relationship After Long Feud

WaziX, the Indian exchange, has made an effort to bring clarity to their ongoing dispute with Binance. Could this be the end? The post WazirX Exchange Clarifies Binance Relationship After Long Feud appeared first on BeInCrypto.

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Binance's Q1 numbers reveal this about the future of the exchange. Assessing...

Binance lost 16% share of its global trading volume in Q1 2023 The net stablecoin outflow reached -$295 million/day, which was the largest ever outflow witnessed by the exchange  Binance loThe post Binance's Q1 numbers reveal this about the future of the exchange. Assessing... appeared first on AMBCrypto.

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US CFTC takes legal action against Binance, crypto markets fall

The commodity futures trading commission (CFTC) has initiated legal action against leading cryptocurrency exchange Binance for allegedly violating the Commodity Exchange Act.

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Binance CEO responds to Forbes claims: ‘They don’t know how an exchange works’

The co-founder and CEO of Binance, Changpeng Zhao, took to Twitter in response to a 'FUD' article published by Forbes about the exchange and its recent “shuffling” of funds.

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Indian Exchange WazirX Prepares to Do Battle With Binance

The Indian exchange WazirX has called Binance’s statements false and misleading. It is taking necessary steps to battle Binance. The post Indian Exchange WazirX Prepares to Do Battle With Binance appeared first on BeInCrypto.

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Binance introduces community feedback tool in its Roadmap development

Binance, the largest cryptocurrency exchange, has launched a new tool that will allow it to gather and act on user feedback in a dynamic fashion. Besides allowing the crypto exchange in understanding what products need improvement, the new feature empowers Binance users to provide in-depth feedback on the exchange’s product improvement.

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Deaton believes Binance.US will be sued by the SEC

Binance.acquisition US's of Voyager assets faces minimal SEC protest. Attorney John Deaton expects the US Securities and Exchange Commission to sue the largest bitcoin exchange by trading volume.

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Binance launches Binance Pay for its US customers

Crypto exchange Binance has rolled out a new feature for its customers in the United States. Binance Pay has been available to clients in other parts of the world since February 2021. Binance remains the world’s leading cryptocurrency exchange.

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Crypto Exchange Binance.US Introduces Payments Service for Customers

Binance users in the U.S. are now able to use the exchange’s payments system, Binance Pay, to send money on their mobile app.

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Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years

In a bid to alleviate worries for retail investors, Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s proof-of-reserve system following the collapse of FTX.

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Philippines’ Securities Regulator Cautions Public Against Binance After 12-Page Complaint

Global exchange Binance is again under the regulator's radar, with the Philippines’ Securities and Exchange Commission (SEC) warning citizens against investment with the exchange. The post Philippines’ Securities Regulator Cautions Public Against Binance After 12-Page Complaint appeared first on BeInCrypto.

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How To Transfer Crypto From Binance, Coinbase to BTCC Exchange

MPORTANT WARNINGS Trying to deposit a non-supported token may result in the loss of tokens. Send a small test amount first Beware when choosing the network which you want to use for sending crypto Send coins from Binance to BTCC – Withdrawing coins from Binance Binance is the biggest exchange in the world, and it […] The post How To Transfer Crypto From Binance, Coinbase to BTCC Exchange appeared first on CaptainAltcoin.

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Binance Labs Invests in PancakeSwap, CAKE Jumps Nearly 10%

Binance Labs, the venture arm of cryptocurrency exchange Binance, has made an investment in PancakeSwap, the Binance Smart Chain-built decentralized exchange (DEX).

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Binance Jersey Review 2022 – Beginner’s Guide to the new Fiat-Crypto Exchange

There’s not much we can say about Binance that hasn’t been said before; with hundreds of currencies on their portfolio, a native exchange token that remains resilient to bear markets, never-before hacked security measures, an OTC trading desk, an in-house built wallet, and a launchpad for up-and-coming blockchain projects, the platform is currently one of […] The post Binance Jersey Review 2022 – Beginner’s Guide to the new Fiat-Crypto Exchange appeared first on CaptainAltcoin.

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Ukraine Crypto Exchange Founder Accuses Binance of 'Cooperating' With the Russian Government

Michael Chobanian also says Binance has yet to make its promised $10 million donation. The exchange didn't respond to CoinDesk's request for comment.

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Binance ditches the “Binance” in Binance Smart Chain

Binance, the world’s largest centralized crypto exchange by trading volume, is removing its name from Binance Smart Chain (BSC), in what appears to be an effort to strike a distance between Binance the exchange and company, and the blockchain ecosystem it created in September 2020.

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Binance CEO CZ Reassures Of The Exchange’s Comeback To The UK Market

Binance CEO, Changpeng Zhao says the exchange may soon relaunch in the U. K. Binance was prohibited from operating in the country back in June.   Crypto adoption continues to grow in the country despite strict laws.

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Binance CEO Changpeng Zhao speaks on crypto regulations

Binance is one of the exchanges that have been faced with much regulatory scrutiny this year. The exchange’s CEO, Changpeng Zhao, has made several changes to make the exchange achieve compliance.

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Here’s Why Dogecoin Withdrawals Are Frozen On Binance

Dogecoin withdrawals have been frozen on the leading crypto exchange Binance. The freeze has led investors to question the exchange’s motives. But it would seem that it was a move that was made out of necessity.

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Binance introduces mandatory KYC verification to stay compliant

Binance, the largest cryptocurrency exchange by trading volume, has updated its product and service policies to support mandatory Know-Your-Customer (KYC) verification. The exchange announced this news earlier today, noting that it made this amendment in response to changing global compliance standards.

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Binance announces mandatory, immediate KYC for all citing 'user protection'

Binance, the world's biggest cryptocurrency exchange, has been under heavy fire from global regulatory agencies for a while now. Following such setbacks, the exchange has been quick to initiate compliThe post Binance announces mandatory, immediate KYC for all citing 'user protection' appeared first on AMBCrypto.

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HSBC to halt credit card payments to Binance exchange

The bank sent a message to its customers informing them that it will stop…

The post HSBC to halt credit card payments to Binance exchange appeared first on Coin Journal.

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Binance Faces Further Issues As Major Europe Payments Partner Denies Services To The Beleaguered Exchange

Clear Junction, one of Binance’s key payments partners in Europe has cut ties with the embattled cryptocurrency exchange. The suspension marks the latest prohibition on customers moving funds on Binance from traditional banks and other types of financial accounts.

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Binance Slew Of Problems Continues As Clear Junction Ditch The Crypto Exchange

Following a wave of unfavorable stories surrounding Binance in recent weeks, another player has decided to disassociate itself from the exchange. One of Binance’s payment partners in Europe, Clear Junction, has suspended facilitating payments to the crypto exchange.

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