Binance cancels registration in the UK amid regulatory scrutiny
Binance’s deregistration with the FCA did not have an operational impact as it had never done business in the United Kingdom, a regional manager said. Go to Source Powered by WPeMatico
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Binance sends cease and desist notice to Nigerian scammer entity
This comes after the Securities and Exchange Commission, Nigeria (SEC), released a circular stating the illegality of Binance Nigeria Limited in the country. Go to Source Powered by WPeMatico
Binance CEO CZ deems SEC’s request for emergency relief unwarranted
Binance CEO Changpeng ‘CZ’ Zhao has heaved a sigh of relief noting he is pleased the disagreement with SEC is over. Go to Source Powered by WPeMatico
BUSD falls to fourth position among stablecoins
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins. Go to Source Powered by WPeMatico
US court approves SEC-Binance.US agreement
As per the approved agreement, only Binance.US employees will have access to client funds until the litigation is resolved. Go to Source Powered by WPeMatico
SEC and Binance.US strike a temporary agreement on asset access
Proposed measures include restricting Binance Holdings officials’ access to private keys and disclosing business expenses. Go to Source Powered by WPeMatico
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies. Go to Source Powered by WPeMatico
Binance under investigation in France since February 2022: Report
The French arm of Binance is reportedly under investigation by the local authorities on charges of “aggravated money laundering.“ Go to Source Powered by WPeMatico
Bitcoin price eases downside as traders demand $24.5K support holds
While little changed, BTC price monitors hope that a “cascade” to $23,000 can be avoided. Go to Source Powered by WPeMatico
Binance is leaving the Dutch market: Here’s when
Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible. Go to Source Powered by WPeMatico