Gemini plans to beat Binance through compliance, aims to become ‘fastest tortoise’ in race
The recent regulatory backlash against Binance could give a competitive advantage to regulated exchanges. Go to Source Powered by WPeMatico
Binance
Auto Added by WPeMatico
Institutions cautious as crypto products post weakest volume since October
Sophisticated investors appear to be spreading their risk across the crypto sector, with multi-asset products beating out BTC and ETH by inflows. Go to Source Powered by WPeMatico
Payments Provider Clear Junction Stops Processing Payments for Binance
On Monday, the global payments solutions provider Clear Junction announced it ceased processing transactions for Binance. The move by Clear Junction was brought on by the Financial Conduct Authority’s (FCA) recent warning, according to a blog post written about the decision. Clear Junction Ceases Processing Payments for Binance Citing the Recent FCA Warning The Financial … Read more
Binance woes continue as Clear Junction pulls out
Another player has decided to distance itself from Binance after a slew of negative headlines around the exchange in recent weeks. Go to Source Powered by WPeMatico
Binance in the crosshairs: Are regulators paying attention to crypto?
Binance has become a target for regulatory action across the globe, but is it the exchange being targeted or the crypto ecosystem in general? Go to Source Powered by WPeMatico
Binance CEO Changpeng Zhao Ponders Regulation: ‘Compliance Is a Journey’ in Crypto
Binance CEO Changpeng Zhao stated his take on the recent regulatory crackdown Binance is facing. In a blog post, Zhao explains Binance aims to comply with local regulations. However, he also stated cryptocurrency was a nascent industry, and there are a lot of uncertainties in the field. Binance has been getting a slew of warning … Read more
Crypto Exchange Binance.us Hires Former Financial Regulator
Binance.us has hired Manuel Alvarez, a former financial regulator from California, to work as its chief administrative officer. The San Francisco-based crypto exchange, which sources technology from Binance, is aiming to deal with “the big question” — compliance. Binance.us Filling Roles in Compliance, Risk Management, and Legal Binance.us, powered by matching engine and wallet technologies … Read more
Santander’s UK arm follows Barclays in banning payments to Binance
The bank said would be “following the FCA’s warning to consumers” in blocking payments made to the crypto exchange. Go to Source Powered by WPeMatico
Poland financial regulator issues public warning about Binance
The cryptocurrency market is “neither regulated nor subject to supervision” to the Polish Financial Supervision Authority, the regulator said. Go to Source Powered by WPeMatico
‘Compliance is a journey,’ says Binance CEO amid regulatory scrutiny
The crypto industry has massively evolved since Binance’s launch four years ago, but it still needs more regulatory certainty, Binance’s CEO said. Go to Source Powered by WPeMatico