Binance.US – Page 2

Binance.US coins trade at premium amid litigation fears, fiat gateway issues

Stablecoins such as USDT and USDC were trading for 3% to 4% higher than par value at the time of publication.

Binance.US says user funds ‘remain safe’ amid SEC attempt to freeze assets

The U.S.-based exchange said it’s “fully operational” and called the SEC’s motion “unwarranted.”

Binance.US seeking to cut Changpeng Zhao’s majority stake: Report

Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance.

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Voyager Digital Provides Update on Reimbursement Plan for Creditors

Following Binance’s withdrawal from the Voyager Digital deal on April 25, the now-defunct crypto lender has recently informed creditors that they can expect to receive their initial cash and crypto distributions “within the next few weeks.” This update comes nine days after Binance’s decision to back away from the deal. Voyager Digital Expects Initial Distributions […]

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Binance.US enables free Web3 domain creation for American users

Binance users based in the United States are now able to create Web3 domains that serve as digital identities in a new partnership with Unstoppable Domains.

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Binance US Pulls the Plug: Voyager Purchase Deal Falls Through

According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained that its customers would still be receiving their cash and crypto through a “direct distribution” via the Voyager platform. Voyager’s Asset Purchase Agreement With Binance […]

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Binance US to Delist Tron and Spell Tokens Amid Heightened Regulatory Pressure

According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading Commission (CFTC), and Tron founder Justin Sun’s being sued by the Securities and Exchange Commission (SEC) […]

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Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say […]

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Binance’s market share drops on CFTC suit and no-fee trading halt: Report

Binance’s market dominance fell largely due to its decision to end zero-fee trading for some trading pairs and not the CFTCs lawsuit, says Kaiko.

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US officials appeal protections for Voyager execs in Binance.US sale

The DOJ disagrees with the legal protections given to those involved in the Voyager-Binance.US sale saying the court “improperly” exceeded its authority.

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