Capital flight from Binance subsidies: Report
“It’s business as usual,” Nansen wrote in evaluating Binance’s data. Go to Source
Binance
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Binance launches pilot program for bank custody of collateral
Binance unveiled a new program that lets institutions trade without depositing to the exchange. Go to Source
Binance settlement ‘net positive’ for cryptocurrency industry — Mike Novogratz
Galaxy Digital CEO Mike Novogratz believes Binance has satisfied regulators and users after its $4.3 billion settlement with United States authorities. Go to Source
Binance will end support for BUSD stablecoin in December
Many users’ Binance USD balances will automatically be converted into First Digital USD starting on Dec. 31. Go to Source
Binance operates without license in Philippines, regulator says
According to the Philippines SEC, entities involved in promoting or trading on Binance could face up to 21 years of imprisonment and $90,000 penalties. Go to Source
Cristiano Ronaldo sued for promoting Binance, unregistered securities
The soccer star’s Binance-tied NFTs allegedly promoted investments in unregistered securities on the crypto exchange. Go to Source
Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators. Go to Source
Why Binance’s US plea deal could be positive for crypto adoption
Is the settlement further indication that the crypto industry’s Wild West era is winding down, with a new epoch marked by regulation and taxation beginning? Go to Source
Binance, CZ paid for defying financial, political status quo: Arthur Hayes
Global cryptocurrency exchange Binance paid one of the largest corporate fines in history for challenging the financial and political status quo in America, according to Arthur Hayes. Go to Source
Coinbase shares hit 18-month high after Binance charges
The price high comes after rival exchange Binance pleaded guilty and traders seemingly priced in Coinbase’s custodian agreements for a slate of spot crypto ETFs. Go to Source
