Binance
Binance Can’t Appease Canadian Regulators, Ontario Users Still Face Account Restrictions
Crypto exchange Binance held a meeting with the Ontario Securities Commission (OSC) to clarify an announcement to its users that suggested it could still provide trading services in Canada’s most populous province. The exchange, operating under the umbrella of Binance.US, continues to face hurdles with governments worldwide.
Binance Held Talks With Ontario Securities Commission, Says Restrictions on Users Remain
Binance’s Ontario users still face account restrictions.
Crypto Needs Centralized Systems to Integrate With Traditional Finance, Binance CEO Says
Centralized systems are required to bring money into crypto from mainstream finance and to provide an exit route.
Binance Still Not Authorized to Operate in Ontario, Securities Commission Says
The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.
Binance to Continue Operating in Ontario After Cooperating With Canadian Regulators
The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.
Binance Gains Bahrain Approval to Become Crypto Asset Service Provider, Registers in Canada
Bahrain’s “in principle” approval still requires the crypto exchange to complete the application process for a license from the central bank.
BNB Burns Will Now Better Reflect DeFi Activity on Binance Smart Chain
Starting Thursday, Binance will burn its BNB tokens continuously instead of once a quarter.
Binance CEO Warns Against Isolating CBDCs From Broader Crypto Ecosystem
Changpeng Zhao described CBDCs as an “additional option” and warned central banks against their “walled-garden” approach.
Anyswap Rebrands to Multichain, Raises $60M Led by Binance Labs
The cross-chain bridge builder will use the funds to research crypto algorithms.
Binance, MDI-Led Consortium to Create Crypto Exchange in Indonesia
Binance will provide infrastructure and support for the new exchange.
