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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
The exchange hinted of legal action against “FUD-peddlers and individuals with malicious intent” threatening its business interests. Go to Source Powered by WPeMatico
GNO, WAX and IOST lead altcoins higher as Bitcoin’s rally to $50,000 signals that the bull market is back on track. Go to Source Powered by WPeMatico
The crypto exchange will limit services for existing users unless they adhere to the new KYC and AML requirements Go to Source Powered by WPeMatico
Despite a failed $100 million funding round leading to the resignation of Binance.us CEO, Brian Brooks, the exchange still has its sights set on launching an IPO. Go to Source Powered by WPeMatico
Binance’s policy allows investors to get compensation on trading losses due to system or internal issues but does not cover the “what could have been” situations. Go to Source Powered by WPeMatico
Global cryptocurrency exchange Binance has made regulatory compliance its top priority. The exchange is on a hiring spree to “significantly” add to its compliance and legal teams. “We are going through a pivot from a technology innovator into a financial services company, so we need to be fully compliant,” said the CEO of Binance. Binance’s … Read more
The warning follows authorities in several countries issuing statements warning investors to exercise caution in regards to Binance, or claiming the exchange was operating illegally. Go to Source Powered by WPeMatico
Former IRS supervisor Greg Monahan replaces Karen Leong as the global money laundering reporting officer of Binance. Go to Source Powered by WPeMatico
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global cryptocurrency exchange Binance to identify hackers … Read more