Binance US drops FDIC insurance amid regulatory pressure

Cryptocurrency exchange Binance US has withdrawn FDIC insurance for user funds. The exchange faces regulatory heat from the US Securities and Exchange Commission (SEC). The SEC lawsuit ramifications are spilling over.

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Binance To Delist These Three Tokens In August Due To Non-Compliance

The world’s largest exchange Binance announced on Tuesday, August 15, intentions to delist three tokens from its trading platform.  According to the exchange’s official statement, it regularly conducts a periodic review of all cryptocurrencies and trading products on its platform, ensuring they are of the highest standards in order to protect its customers’ interests.

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Binance Terminates German Crypto License Application As European Troubles Continue

Prominent cryptocurrency exchange Binance has canceled its application for a crypto license in Germany as regulatory scrutiny on the exchange intensifies across the continent. According to a report by Reuters, Binance withdrew its crypto custody license application only after the German Federal Financial Supervisory Authority (BaFin) reportedly informed the exchange it would not approve the […]

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SEC vs. Binance: Clash of Titans in the Crypto World

Binance, the world’s largest cryptocurrency exchange, expressed disappointment and dissatisfaction with the recent complaint filed by the United States Securities and Exchange Commission (SEC), alleging non-compliance issues by the exchange and its affiliated platform, Binance.

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Binance CEO CZ Bullish On DeFi, BlackRock — Speaks On Impact of Latest XRP Ruling

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Binance Set To Appoint New Chief Strategy Officer Following Hillmann’s Departure

Following the US Securities and Exchange Commission (SEC) lawsuit against Binance, some of its executives have decided to leave the firm. This legal action also sparked criticism regarding alleged preferential treatment given to Coinbase, a US-based crypto exchange.

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CZ Says Binance Is Not FTX As Exchange Inflows Near $2 Billion

Binance is once again in the middle of massive FUD as news broke on Thursday that a number of executives have left the crypto exchange. However, the exchange and its CEO Changpeng “CZ” Zhao seem to be unfazed by this.

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Binance Loses Another Banking Partner Amid Global Regulatory Storm

Binance, the industrys biggest cryptocurrency exchange, is set to lose the support of its current euro banking partner, Paysafe Payment Solutions. The exchange has notified its users via email that...

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Binance Forced To Leave The Netherlands, What About Other EU Countries?

Binance, the world’s largest cryptocurrency exchange by trading volume, received another setback today. The exchange said it has been forced to pull out of the Netherlands because they were unable to register as a Virtual Asset Service Provider (VASP) with the Dutch regulator.

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Binance.US to go ‘crypto-only’ as banking partners cut ties

Binance. US announced on June 9 that it would transition to a crypto-only exchange for now. The move comes as its payment and banking partners suspended USD channels due to the Securities and Exchange Commission (SEC) lawsuit against Binance, and related entities, over allegations of breaching securities laws, including operating as an unregistered exchange.

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Binance’s Counsel: SEC Chair Gensler Offered To Serve As An Informal Advisor In 2019

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Not Immune To FUD? Binance Sees $1.5 Billion In Outflows In 24 Hours

EThe United States Securities and Exchange Commission (SEC) announced on June 5 that it had sued the largest crypto exchange in the world, Binance, for alleged securities fraud. The announcement triggered a market crash as BNB’s price and others suffered, and users clamored to remove their crypto from the exchange.

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Binance unveils direct fiat-to-crypto service in Argentina

Crypto exchange Binance has announced that its users in Argentina can now convert the local currency directly into crypto assets. This move marks the latest expansion of the exchange's offering in South America, a continent that has so far proven to be very receptive to cryptocurrencies.

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Crypto Twitter reacts to CFTC lawsuit against Binance

Binance, the largest cryptocurrency exchange in the world, and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange and a compliance program officials have deemed “a calculated strategy of regulatory arbitrage.

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WazirX calls out Binance over ‘false’ allegations

A blog post published by WazirX, the Indian-based crypto exchange, on Feb. 7, 2023, highlights the exchange's grievances with Binance.

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Binance blocks accounts allegedly linked to Bitzlato

Binance exchange has temporarily suspended several accounts linked to Bitzlato transactions after the latter exchange got entangled in legal issues.

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Binance Founder ‘CZ’ Insists We Can Trust His Crypto Exchange – but Can We?

After the arrest of FTX founder Sam Bankman-Fried, some users fear that exchange behemoth Binance will be the next crypto domino to fall.

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Nothing to See Here: Binance Boss Dispels Exchange Withdrawal FUD

Binance CEO Changpeng Zhao has responded to a torrent of fear, uncertainty, and doubt (FUD) following increased withdrawals on the exchange. The post Nothing to See Here: Binance Boss Dispels Exchange Withdrawal FUD appeared first on BeInCrypto.

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Justin Sun Deposits $100M into Binance, Moves to Allay Market Fears Over Exchange’s Financial Health

Coinspeaker Justin Sun Deposits $100M into Binance, Moves to Allay Market Fears Over Exchange’s Financial Health Justin Sun has deposited a substantial amount of money back into Binance after the exchange’s outflow rapidly hit $1.

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Binance Suspends Account of Customer for Being ‘Unreasonable’

The user, who goes by the name "CoinMamba" on Twitter, started criticizing the exchange after some of his funds allegedly got stolen on his Binance account, but the exchange cited threats made to its customer service team in explaining the suspension.

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Binance Sued in Italy Over Exchange Outages, Hearing This Week

A group of Italian and international investors brought a class action lawsuit against Binance seeking damages for losses sustained during multiple exchange outages in 2021.

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Binance CEO Denies Claim that the Exchange Owns WazirX

Binance CEO Changpeng Zhao denied that the exchange had acquired Indian crypto exchange WazirX following an AML probe on the latter. The post Binance CEO Denies Claim that the Exchange Owns WazirX appeared first on BeInCrypto.

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Binance Is Not A Registered Corporation, Philippines’ SEC Warns

Binance is again in the spotlight after it caught the attention of regulators – this time, from the Philippines’ Securities and Exchange Commission – who cautioned against investing with the global exchange.

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Binance 'concerns' UK regulators; exchange getting too big for its boots?

In 2021, Binance made headlines when it was chased out of jurisdiction after jurisdiction in order to comply with local laws. But in 2022, are things changing for the once-targeted exchange? Watch ouThe post Binance 'concerns' UK regulators; exchange getting too big for its boots? appeared first on AMBCrypto.

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Changpeng Zhao Reveals The Magic Behind Binance’s Huge Success In Recent Years

Binance CEO says it’s almost impossible to point to the single determinant of the exchange’s success. He compartmentalizes the factors into three – Users, Service, and Product. The exchange has blazed a trail in an uncharted path by becoming the first exchange to cater to a wider, international clientele.

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Binance Confirm Launch of Joint Venture Exchange in Indonesia

Binance Holdings has officially established a joint venture in Indonesia to establish a cryptocurrency exchange with a local telecom operator-led consortium. The post Binance Confirm Launch of Joint Venture Exchange in Indonesia appeared first on BeInCrypto.

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Binance partners with Indonesian telco to develop new crypto exchange

Binance has partnered with state-owned PT Telkom Indonesia to establish a digital asset exchange in the country.

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Binance Closing Singapore Entity After Acquiring 18% Stake in Local Licensed Exchange

The leading cryptocurrency exchange, Binance’s Singapore affiliate, Binance Asia Services Ltd. , has withdrawn its application to operate a crypto trading platform in the city-state. The fiat-to-crypto exchange first started the process to gain approval from Singapore’s authorities last year.

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Binance купила долю в платформе security-токенов Hg Exchange

Сингапурская «дочка» биткоин-биржи Binance стала владельцем 18% доли в местной регулируемой платформе security-токенов Hg Exchange.

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Binance CEO Says, It’s Become “Very Clear” That You Need A Centralised, Legal Entity to Run A Centralised Exchange

Leading cryptocurrency exchange Binance is looking at Ireland as part of its plan to establish a number of headquarters across the world, the chief executive officer Changpeng Zhao “CZ” told Reuters.

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Binance Clamps Down on Customer Verification As Regulatory Pressures Mount

In light of recent regulatory crackdown and backlash, global crypto exchange Binance is beginning to crack down on its customer verification requirements across its platform. More specifically, the exchange is restricting its once lenient know-your-customer (KYC) requirements.

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Binance Responds to UK Exchange Service Restrictions

Binance offered a series of tweets responding to the U.K. FCA, after the latter sent a notice to the exchange saying that it was not permitted to carry out regulated operations in the country. The post Binance Responds to UK Exchange Service Restrictions appeared first on BeInCrypto.

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Binance offers Tesla stock token, could Coinbase (COIN) follow?

Crypto exchange Binance has announced the launch of a new product, tokenized shares of publicly traded companies. The first to be listed is Elon Musk-led carmaker Tesla. Trading with these tokens will be available with zero commission and accessible to all users of the exchange via their account.

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How to get started with Binance exchange as a User

How to get started with Binance exchange as a User. Currently, there are many crypto exchanges where users can buy and sell cryptocurrencies. Compared to many other crypto platforms available, Binance Exchange offers its users one of the best exchange platforms for trading cryptocurrencies.

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Binance U.S. Suspends USD Withdrawals and Deposits as Parent Exchange Acknowledges "Temporary Difficulties"

Binance users are complaining about not being able to access the exchange

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Binance Suffers Temporary Outage as Bitcoin Price Pumps

The Binance cryptocurrency exchange was temporarily unavailable to many users today due to technical problems. This is not the first time the leading crypto exchange has struggled with performance issues.

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Hacked Japanese Exchange Files Lawsuit, Claiming Binance Allowed $9.4M to be Laundered

Japanese crypto exchange, Fisco, files a lawsuit against the largest crypto exchange, Binance, for allegedly helping hackers launder over $9 million in stolen funds from the former exchange in 2018.

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How did Binance Grow So Fast? A Walk Down the Exchange’s Rocky Road

Even though it was founded in 2017, a time when there were already established companies in the cryptocurrency exchange space, Binance quickly became the leading cryptocurrency exchange and surpassed its… The post How did Binance Grow So Fast? A Walk Down the Exchange’s Rocky Road appeared first on CoinCentral.

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Binance Korean Cloud Exchange Adds Zero-Fee Trading

The leading crypto exchange quietly dropped the news that it was entering the South Korean market with Binance KR earlier this week. Not only will this be the first exchange to run on the Cloud but it will be zero-fee as well.

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Why Binance’s Expansion Into South Korea Might Greatly Benefit Ripple’s XRP

Binance, the world’s largest cryptocurrency exchange is set to launch a crypto-to-crypto exchange in South Korea through its cloud solution. According to a blog post on March 31, 2020, the new exchange is known as Binance KR and will be open for trading starting from April 4, 2020.

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Binance Increases Maximum Cross-Collateral Loan Limit to $1M Despite USDT Loan Shortage

Binance has announced it is increasing the max limit for cross-collateral loans for its futures exchange to $1M. However, the exchange is still suffering from a USDT shortage for its loans. When you bet on a cryptocurrency’s future price on a futures exchange, you need to put up collateral.

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Binance Adds 15 New Instant Fiat-to-Crypto Conversions With Simplex Partnership

Trying to corner local markets, the Malta-based crypto exchange Binance has added support for 15 more fiat currencies through the integration with Simplex. Gateways for currencies like the Korean won, the Swiss franc, the Polish zloty, the South African rand and the Australian dollar have been created and made available through the exchange’s fiat-to-crypto trading […]

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Binance Adds New Fiat Payment Options Through Integration With P2P Exchange Paxful

Binance has teamed up with peer-to-peer bitcoin exchange Paxful to enable users to purchase bitcoin with 10 more fiat currencies.

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Binance Us Lists 19 New Cryptos For Trading Including OMG, TRX, And XTZ; Evaluating 18 Others

Binance the world's leading crypto exchange by trading volume is known for its rapid development work on its numerous platforms, and in the past two months, it has done the same on its recently launched crypto exchange for the US customers.

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Binance crowned as most-mentioned exchange name in 2019 headlines

BDCenter Digital Insights recently published its ‘Crypto Exchanges’ report, which covered the occurrence of cryptocurrency exchange names in specialized media outlets over the world. By analyzing The post Binance crowned as most-mentioned exchange name in 2019 headlines appeared first on AMBCrypto.

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Binance CEO claims exchange has found perfect partner in India's WazirX

Binance, the Malta-based cryptocurrency exchange, has witnessed quite an eventful 2019. The Changpeng Zhao-led platform seems to be eyeing global expansion after the exchange announced its entry into The post Binance CEO claims exchange has found perfect partner in India's WazirX appeared first on AMBCrypto.

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Binance Acquires Leading Indian Crypto Exchange

Binance announces the acquisition of India's first-ever crypto exchange. WazirX's P2P exchange will join Binance in Q1 of 2020.

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Binance Buys Top Indian Fiat-Crypto Exchange, WazirX, to Integrate More INR Payment Gateways

Binance, the leading Maltese Crypto Exchange, is making major moves into the Indian crypto market following the recent acquisition of WazirX platform. This is the largest digital asset network that can facilitate the exchange of fiat for crypto within India’s FinTech ecosystem.

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Binance acquires India's WazirX; announces option to buy crypto using INR

Binance, the world's largest cryptocurrency exchange by market volume, is in the news again after the Malta-based exchange announced the acquisition of WazirX, India's foremost Bitcoin exchange.

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