binance regulation – DIGIT INFO

Binance Australia GM ‘really confident’ regulators will side with crypto

DIGIT — Fri, 01 Sep 2023 02:45:40 +0000

Ben Rose is hopeful that Binance Australia’s banking woes will be relieved by positive regulation in the future.

Crypto Exchange Binance Is Making ‘Substantial Changes’ to Become ‘Fully Licensed and Fully Compliant’ in UK

DIGIT — Tue, 07 Dec 2021 00:30:00 +0000

Cryptocurrency exchange Binance has unveiled its plan to become a “fully licensed and fully compliant” exchange in order to serve users in the U.K. The crypto exchange is reportedly “making a number of very substantial changes” in the way it operates in order to comply with the country’s regulator, the Financial Conduct Authority (FCA). Binance […]

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Binance Coin eyes $560 next after BNB price ‘Cup and Handle’ breakout

DIGIT — Wed, 13 Oct 2021 13:43:28 +0000

BNB price gets a boost as Binance launches a $1 billion blockchain fund.

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Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations

DIGIT — Mon, 06 Sep 2021 00:00:18 +0000

Cryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance “may be in breach of the Payment Services Act.” Binance Complying With Singapore’s Regulations […]

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Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny

DIGIT — Fri, 06 Aug 2021 23:30:18 +0000

Former acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman Islands, Hong Kong, Thailand, Germany, and Lithuania. CEO of Binance US Resigns The CEO […]

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Crypto Exchange Binance Plans to Be Regulated Financial Institution, Seeks CEO With Strong Compliance Background

DIGIT — Thu, 29 Jul 2021 03:00:46 +0000

Binance CEO Changpeng Zhao (CZ) says that his company wants “to be licensed everywhere” and “From now on, we’re going to be a financial institution.” Following warnings by a growing list of regulators worldwide, Zhao also revealed that Binance is seeking “a strong compliance background CEO to show our commitment to compliance as this is […]

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