Nigeria’s SEC warns against trading on Binance
The Commission insists that the platform doesn’t have a license to work in the country and hence its operation is illegal. Go to Source Powered by WPeMatico
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First major success in US Congress for two crypto bills: Law Decoded
In a 35–15 vote, the House Financial Services Committee approved the Financial Innovation and Technology for the 21st Century Act. Go to Source Powered by WPeMatico
Binance to offer crypto broker-dealer services in Dubai with new license
Binance is now officially allowed to offer crypto services to institutional and qualified retail investors in Dubai. Go to Source Powered by WPeMatico
SEC, Binance unite against Eeon’s lawsuit intervention
The US SEC contends that Eeon has a history of repeatedly representing themselves in court cases, but their claims have consistently been unsuccessful in federal courts. Go to Source Powered by WPeMatico
German regulator raised concerns about Binance CEO prior to license application withdrawal: Report
BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime. Go to Source Powered by WPeMatico
Binance, CZ challenge CFTC, seek lawsuit dismissal
They pointed out that the CFTC is attempting to regulate foreign individuals and corporations operating outside the United States, going beyond the limits of its statutory jurisdiction. Go to Source Powered by WPeMatico
Binance withdraws crypto license application in Germany
The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators. Go to Source Powered by WPeMatico
Binance lists new zero trading fee stablecoin, halts shortly after on technical issues
Ahead of the launch, Binance said it would offer zero maker fees for all FDUSD trading pairs. Go to Source Powered by WPeMatico
Miami Heat’s Jimmy Butler seeks dismissal from Binance promo class suit
Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments. Go to Source Powered by WPeMatico
Japan PM reaffirms Web3 plans as Binance announces imminent launch
Fumio Kishida described Web3 as a “new form of capitalism” in a keynote address at WebX conference in Japan. Go to Source Powered by WPeMatico