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Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws. Go to Source Powered by WPeMatico
South African authorities are the latest to warn against using Binance, saying the exchange is not authorized to operate in the country. Go to Source Powered by WPeMatico
Cryptocurrency exchange Binance’s U.S. arm could be going public in three years, Binance CEO Changpeng Zhao has revealed. He said that his exchange “is just going to do what Coinbase did.” Coinbase Global went public on Nasdaq via direct listing. Binance Plans to IPO in the US Within 3 Years Binance’s founder and CEO, Changpeng … Read more
Binance US plans to close a major private funding round in the next two months to become more independent from Binance. Go to Source Powered by WPeMatico
An exchange token valuation methodology suggests that SUSHI trades at a 33% discount and that UNI price is 36% overvalued. Go to Source Powered by WPeMatico
The Binance NFT Marketplace announced today that the non-fungible token (NFT) platform will launch a premium NFT collection backed by the State Hermitage Museum in Saint Petersburg, Russia. The NFT auction will begin on August 31 and run until September 7, 2021. The NFT auction will feature NFT artwork by the world-renowned artists’ Vincent Van … Read more
Most traders think futures contracts are only used to place ultra risky high leverage bets, but the instruments actually have a variety of uses. Go to Source Powered by WPeMatico
Binance processes around $25 billion worth of cryptocurrency trades daily and has seen over $2 trillion move through its exchange to date. Go to Source Powered by WPeMatico
The world’s largest exchange has played regulatory hopscotch, moving from different jurisdictions without central offices. Go to Source Powered by WPeMatico
The U.K. financial regulator, the Financial Conduct Authority (FCA), has announced that cryptocurrency exchange Binance has complied with the requirements it imposed on the company in June. The FCA further clarified that while Binance is allowed to provide some investment services, it is not authorized to provide services related to crypto assets in the U.K. … Read more