Binance
Potential Implications of CFTC Lawsuit Against Binance
The U.S. Commodity Futures Trading Commission (CFTC) sued Binance, the exchange’s founder Changpeng Zhao (CZ), and a couple of other entities on charges of failing to register as a “futures commission merchant” while offering unregistered crypto derivatives options to U.S. customers. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De weighs in on the significance of the lawsuit.
Crypto Hardware Wallet Maker Ledger Raises Over $100M in New Funding Round: Report
Ledger has raised most of a 100 million euros ($109 million) funding round at a valuation of 1.3 billion euros ($1.4 billion), the company told Bloomberg. Media outlets first reported on a potential new round last August. “The Hash” team discusses the importance of Ledger and the timing of this raise post-FTX collapse and the CFTC's recent lawsuit against Binance.
Binance’s On-Chain Balance Stands at Nearly $65B Despite CFTC Lawsuit: Nansen Data
Data from blockchain analytics firm Nansen reveals that Binance's on-chain balance remains high, despite the CFTC suit against the crypto exchange that dropped this past week. Nansen Customer Success Manager Jason Meng discusses what the on-chain analytics tool provider is seeing in regards to Binance's outflows following regulatory turbulence for the world's largest crypto exchange.
Binance's $2B Weekly Net Outflows 'Not Out of the Norm': Nansen Analyst
Binance's on-chain balance remains high, despite U.S. regulators charging the crypto exchange for allegedly violating U.S. federal law this past week. Nansen Customer Success Manager Jason Meng tells "First Mover" that Binance saw about $2 billion of net outflows in the past seven days and that's "not out of the norm" for the exchange.
Bitcoin Rises Above $28.5K Despite Binance's Legal Woes
Bitcoin (BTC) has rallied more than 17% in the past two weeks, displaying resilience amid ongoing tension stemming from Binance’s recent legal woes. 3IQ Head of Research Mark Connors discusses the crypto market's reaction to recent headwinds in the regulatory space and his short-term outlook on the largest cryptocurrency by market capitalization.
Coinbase souhaite rester au Canada ; Binance pourrait être sur le point de se retirer suite à une restructuration réglementaire.
Ces mesures interviennent alors que le pays renforce les règles régissant les échanges de Cryptomonnaie .
Ce procès contre Binance semble bien plus important qu'une simple affaire CFTC
Les implications du procès intenté par la CFTC contre Binance vont bien au-delà de toute action civile.
Le directeur juridique de Coinbase : « Il y a beaucoup à décortiquer » dans la plainte déposée par la CFTC contre Binance
Paul Grewal a ajouté que malgré ses propres problèmes avec les régulateurs américains, Coinbase « ne va nulle part » pour le moment.
Binance Concealed Extensive Links to China for Years: Financial Times
According to the Financial Times, Binance hid the company's presence in China for several years, contrary to claims made by its executives that the crypto exchange left the country after a local crackdown on the industry in late 2017. "The Hash" panel discusses the latest on Binance amid continued regulatory scrutiny.
How Could CFTC Complaint Against Binance Impact U.S. Users?
The U.S. Commodity Futures Trading Commission (CFTC) could require Binance to cease operations in the U.S. as part of a potential settlement, Bernstein analysts predict. Braden Perry, Kennyhertz Perry partner and former CFTC senior trial lawyer, weighs in on how Binance.US customers could be affected.
