Binance is one of the largest and most popular cryptocurrency exchanges in the world. Here are some key points about Binance based on information available up to September 2021:
It’s important to note that the cryptocurrency landscape is dynamic, and regulations and services offered by exchanges like Binance may change over time. If you’re considering using Binance or any other cryptocurrency exchange, it’s essential to conduct your research, understand the platform’s terms and conditions, and prioritize security measures to protect your assets. Additionally, be aware that my information is based on knowledge available up to September 2021, and there may have been developments or changes since then.
TLDR Binance’s $4.3 billion settlement boosts crypto industry confidence, says Galaxy Digital CEO. Novogratz stresses reasonable compliance and clarifies Binance’s KYC violations. Novogratz optimistic about Bitcoin ETF approval and price surge, citing halving and election uncertainty. In a recent interview with Bloomberg, Mike Novogratz, the
TLDR Philippines bans Binance due to lack of registration. Binance lacks the required license and authority to engage in the sale or offering of any form of securities. Filipino users get 3 months to withdraw from Binance; ads banned. The Philippines’ Securities and Exchange Commission
TLDR Binance introduces a first-in-crypto triparty arrangement for institutional investors. This solution allows trading collateral to be held off-exchange with a third-party banking partner, reducing counterparty risk. The arrangement aligns with traditional financial practices, offering risk-aligned crypto-asset allocation and use of fiat equivalents as collateral.
TLDR Cristiano Ronaldo sued for promoting risky crypto with Binance. Ronaldo accused of not disclosing crypto promotion payments. Binance faces a $4.3 billion settlement and SEC charges. Soccer superstar Cristiano Ronaldo is in the midst of a legal battle as he faces a proposed class-action
TLDR Binance is preparing to launch its cryptocurrency exchange in Thailand early next year, marking a significant expansion of its global operations. The company faces regulatory challenges in Thailand following a $4.3 billion settlement with US authorities and anti-money laundering violations. Richard Teng, a former
TLDR The Philippines SEC warns Binance of operating without proper licenses, risking penalties and legal actions. Binance, facing global legal challenges, may see its operations in the Philippines affected. Philippine cryptocurrency traders are advised to choose regulated platforms amid the evolving regulatory landscape. The Philippines
TLDR Changpeng Zhao has resigned as chairman of Binance.US, marking a significant leadership change in the prominent U.S. crypto exchange. Binance.US emphasizes its operational independence and regulatory compliance in the U.S. following CZ’s departure. The exchange, under new leadership with Norman Reed and his team,
TLDR Binance announces the introduction of new trading pairs, including TerraClassicUSD (USTC) and BLUR, in response to increasing market demand. The value of TerraClassicUSD (USTC) experienced a significant surge following the launch of a new perpetual contract by Binance Futures, highlighting the dynamic nature of
TLDR Changpeng ‘CZ’ Zhao, former CEO of Binance, hires Matthew Diggs, a former federal prosecutor with extensive experience in white-collar crimes, as his attorney. Diggs, known for his expertise in complex legal cases, is tasked with defending CZ against charges that could lead to a
In a significant shift within the cryptocurrency market, Binance, a major player in the digital currency exchange sphere, has announced its decision to discontinue support for Binance USD (BUSD). This move, set to begin on December 15th, follows the announcement by Paxos to halt the