Binance
Senators Reportedly Claim Binance Is a 'Hotbed of Illegal Financial Activity'
Three U.S. senators have written to Binance, the world's largest crypto exchange, asking for details about its money-laundering controls and accusing Binance of being a "hotbed of illegal financial activity," according to the Wall Street Journal. "The Hash" panel discusses what this means for Binance amid ongoing regulatory scrutiny.
Binance a 'Hotbed of Illegal Financial Activity,' U.S. Senators Claim
Three lawmakers are pressing the crypto exchange on allegations it sought to limit compliance.
Binance's Custody Arm Ceffu Will Apply for Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
Shares fell over 10% in after-hours trading.
Binance Can’t Keep Its Story Straight on Misplaced $1.8B USDC
The FUD is coming from inside the building, says David Z. Morris, CoinDesk's chief insights columnist.
Centralized Exchange Scrutiny Will Spur Research of Decentralized Exchanges
Decentralized exchanges have an intriguing road ahead amid the wreckage of FTX.
Coinbase CEO Armstrong: We Delisted BUSD Due to Liquidity Concerns
The exchange previously said it made the move because BUSD didn’t meet its listing standards, without going into any detail.
The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator
The new tool allows marketplace users to create computer-generated images and mint them as NFTs.
Binance USD Stablecoin Outflows Hit Roughly $6B Since February: Report
Approximately $6 billion of outflows has hit Binance's stablecoin, BUSD, since Feb. 13, according to CoinGecko data compiled by Reuters. "First Mover" hosts weigh in on the latest developments after stablecoin issuer Paxos said last month it will stop minting new Binance USD (BUSD) tokens at the direction of the New York Department of Financial Services.
Justin Sun: 'Confident' Huobi Will Secure Virtual Asset Service Provider License in Hong Kong
Huobi is gearing up to apply for a crypto exchange license in Hong Kong called the "Virtual Asset Service Provider license," as the city warms up to crypto. Justin Sun, founder of TRON, Huobi Global Advisor, and Ambassador of Grenada to the WTO, discusses the move, the state of crypto in Hong Kong, and the possible implications for retail investors in China. Plus, his thoughts on Binance, ETH staking, and the state of U.S. crypto regulation.
