Binance

Binance

Policy

ECB President Christine Lagarde intervened to block Binance’s EU MiCA license: WSJ

Although the ECB holds no formal licensing authority under MiCA, high-level intervention led Greece to stall an application that regulators had previously deemed complete, the Journal said.

ECB President Christine Lagarde. (Felix Schmidt/ECB Press)

Policy

Binance handed user data to Russia that led to a Ukrainian donor's arrest

Binance says it cooperates with lawful requests, despite exiting the Russian market in 2023 to improve its compliance strategy.

Binance (Vadim Artyukhin/Unsplash)

Finance

RedotPay said to put $1 billion U.S. IPO plan on hold: Bloomberg

A spokesperson for the stablecoin payments company declined to comment on any IPO plans.

Front of the New York Stock Exchange (Irvin Liang/Unsplash)

Finance

Crypto firm RedotPay says it will defend itself ‘vigorously’ against Binance lawsuit

Binance alleged RedotPay poached customers from the crypto exchange in a lawsuit filed in Hong Kong.

Lawsuit. Court gavel book and money. (Sasun Bughdaryan/Unsplash)

Markets

Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

Without that QQQ token, QQQB, July volume for tokenized equities would be roughly $2.03 billion, about 30% below June’s total.

A pair of hands resting on a keyboard with an iPad showing graphs and price quotes. (Kanchanara/Unsplash)

Markets

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit

Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading funds across multiple wallets after the major Coldcard security failure.

Changpeng "CZ" Zhao (Nikhilesh De/Modified by CoinDesk)

Markets

Binance offers gold and silver options after commodity futures pull in billions in daily volume

The crypto exchange unveils commodity options following strong uptake for gold and silver perps.

Piles of gold and silver bars. (Scottsdale Mint/Unsplash)

Finance

Binance makes fighting crypto crime more difficult, says new report

The New York Times says a quiet change to Binance's compliance rules is forcing international law enforcement to navigate slow-moving government treaties to get user data.

(Vadim Artyukhin/Unsplash)

Finance

Crypto executives say digital native generations may never need a bank account

Steakhouse Financial co-founder Adrian Cachinero says digital-native generations may rely less on banks, while Binance says younger users are already driving crypto adoption in emerging markets.

Kids with phones (Tim Gouw/Unsplash)

CoinDesk News

Binance.US CEO says exchange is rebuilding, eyes return to 20% U.S. market share

Binance.US is betting ultra-low fees, new regulated products and deeper liquidity will help it regain customers after two years of regulatory setbacks.

Binance.US CEO Stephen Gregory