Binance
UK Binance Users Locked Out From Faster Payments System
In a letter to its U.K. customers, Binance said Monday that any pound sterling withdrawals or transactions on the platform via the Faster Payments network would not be processed. CoinDesk’s Nikhilesh De weighs in on what this means for Binance and its users.
Brian Brooks on Binance's Global Regulatory Warnings
Amid global regulatory pressures against Binance, Brian Brooks, CEO of Binance.US, responds to whether this is a coordinated effort by regulators or something closer to a domino effect. "I think it's interesting how much attention Binance gets versus other exchanges," Brooks said, noting the intensifying regulatory scrutiny. Plus, new high-profile hires, U.S. risks for operating Binance.US, crypto regulation, stablecoins, and how China's crypto crackdowns impact the global crypto markets.
State of Crypto: Binance Is Firmly in the Regulatory Crosshairs
World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.
Binance Suspends Sterling Withdrawals Again: Report
The exchange's move reportedly came after Faster Payments ended its agreement with Binance.
Binance Payments Cut Off by Clear Junction
The decision was taken after the FCA said Binance is not permitted to undertake any regulated activity in the U.K.
Virgil Griffith Should Return to Jail Pending Trial, Prosecutors Tell Judge
Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law in North Korea, has violated his bail conditions and should be returned to jail, U.S. prosecutors said Friday in a letter filed to the court. CoinDesk's Nikhilesh De discusses why this is a case to continue to watch. Plus, the latest updates on global enforcement actions against Binance.
Santander Blocks Binance Payments for UK Customers
The bank said it’s heeding the FCA’s warnings about Binance.
Binance's UK Woes Fuel Migration to Rival Crypto Exchanges: Report
Bitstamp has seen customer numbers more than double since the FCA said Binance Markets should not be operating in the U.K.
Binance CEO CZ Says ‘Compliance Is a Journey’ as Regulators Hit the Breaks
Binance CEO Changpeng “CZ” Zhao has likened the recent regulatory pressures against his exchange company to that of the initial development of the car. “Compliance is a journey, especially in new sectors like crypto,” CZ said in an open letter published Wednesday, noting the uncertainty of the crypto industry.
Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’
CoinDesk’s Nikhilesh De unpacks the latest story in the ongoing Binance saga. In an open letter on Wednesday, Binance CEO Changpeng “CZ” Zhao described how the crypto exchange has evolved over the past four years, the current regulatory environment and its approach for the future.
