Binance
WazirX CEO: India’s Crypto Industry 'Self-Regulating' for Lawmakers
India's largest crypto exchange WazirX, which Binance acquired in 2019, has partnered with crypto-tracking software firm TRM Labs to enhance anti-fraud and anti-money laundering features. WazirX Founder and CEO Nischal Shetty denies claims that its deal with TRM Labs is connected to Binance's string of warnings from global financial regulators. "In India, there are no regulations around crypto. What we are doing is... to self regulate ourselves, and transaction monitoring is an important aspect," Shetty said.
Barclays Blocks Payments to Binance in UK
U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Authority (FCA)’s announcement that Binance cannot conduct regulated activities in the country.
Barclays Block Is Based on 'Inaccurate Understanding,' Binance Says
An FCA warning refers to Binance Markets, not www.binance.com, the crypto exchange said.
UK Bank Barclays Blocks Payments to Binance
The move follows the FCA's announcement that Binance cannot conduct regulated activities in the country.
Global Regulatory Warnings Against Binance Persist
Thailand’s financial regulator has filed a criminal complaint against Binance, alleging that the crypto exchange unlawfully operates a digital asset business without a license.
WazirX, Binance Boost Compliance Procedures, Forkast Speaks to FTX CEO
Crypto exchanges WazirX and Binance look to implement stronger compliance measures. Forkast.News speaks with FTX founder and CEO Sam Bankman-Fried about crypto regulatory measures in Asia. Chinese district rewards residents with e-Yuan for counting footsteps. We’ll have more on these stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Thailand SEC Files Criminal Complaint Against Binance
The SEC alleges the crypto exchange is operating a digital-asset business in the country without a license.
Binance Not Authorized to Operate in the Cayman Islands, Regulator Says
The Cayman Islands' financial watchdog said that Binance has not registered to operate in the nation and that it was investigating the matter.
Singapore's Financial Watchdog to 'Follow Up' on Global Binance Concerns
The Monetary Authority of Singapore is reviewing Binance's application for a license to operate in the city-state.
Monex CEO: Japanese Regulators ‘Stupid’ for Binance Warnings
Japan was once a cryptocurrency paradise until regulators cracked down on crypto following a major exchange hack. Oki Matsumoto, CEO of Japanese financial conglomerate Monex Group, says, "Japan is back" while discussing the outlook for the crypto markets in the country. He says regulators are "stupid" for their recent warnings about Binance in Japan.
