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Cryptonews Tags Binance

# Binance (Page 39)

Binance CEO: Exchange Gearing Up for Increased Crypto Trading Volumes – Here’s Why
Binance, the world’s largest crypto exchange, is doing “a lot of preparation” to be ready for increased trading volumes over the coming months, CEO Changpeng Zhao (CZ) has said.Speaking in an AMA (“ask me anything”) session on Twitter Spaces on Wednesday, CZ said that...
, by Fredrik Vold
Binance Australia Under Investigation, Offices Searched by Regulator
Australia's financial regulator has visited Binance offices as part of an ongoing probe into the company's defunct local derivatives business. On Tuesday, officials from the Australian Securities and Investments Commission (ASIC) conducted searches at Binance...
, by Ruholamin Haqshanas
Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here’s the Latest
Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks. This suspension will remain in effect until further notice.The decision to suspend support for these tokens...
, by Hassan Shittu
Binance Opens Regulated Crypto Platform in Kazakhstan Amid Regulatory Challenges in the West
Binance has launched a regulated cryptocurrency exchange in Kazakhstan amid growing regulatory troubles in the West.In a Wednesday blog post, the world's largest crypto exchange said it is launching the new platform after it secured a permanent license from...
, by Ruholamin Haqshanas
Over 2,400 Companies, Including Binance’s UK Office, Share a Small Suffolk Building – What’s Going On?
A Reddit post shows "Binance Ltd" as well as some 2,400 other companies, use a small Suffolk Building as a registered office address in the UK. In a Monday post on the r/Buttcoin subreddit, user solanawhale shared the address of a so-called “utility closet” that a firm...
, by Ruholamin Haqshanas
Binance Working on Bitcoin Lightning Network Integration for Deposits and Withdrawals
Binance crypto exchange is working to enable the Bitcoin Lightning Network, designed to make Bitcoin (BTC) transactions faster and cheaper. "Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals," the world's largest cryptocurrency...
, by Ruholamin Haqshanas
Binance.US Sees Sharp Market Share Decline Following SEC Lawsuit
Binance’s US-based exchange, Binance.US, has seen a sharp decline in its share of the trading volume among exchanges that support USD-to-crypto trading.The dwindling market share held by Binance.US was clearly visible on data analyzed by The Block, which showed that the exchange now holds a...
, by Fredrik Vold
Binance Takes Legal Action Against Fraudulent Nigerian Entity – What’s Going On?
Crypto giant Binance has issued a cease and desist notice against Binance Nigeria Limited, a “scam entity.” purporting to be associated with Binance.On June 9, the Nigerian Securities and Exchange Commission (SEC) ordered Binance to halt its operations of the local entity in the African...
, by Jai Pratap
Binance Subsidiary Cancels Registration With UK Regulator
Binance Markets Limited, a UK subsidiary of Binance, has canceled its registration with a UK regulator. That came in a June 7 update from the Financial Conduct Authority that said the subsidiary is not allowed to “undertake any regulated activity in the UK.”“Following the...
, by Sarah Wynn
Binance BUSD Drops $1 Billion in Market Cap, Falls to Fourth Among Stablecoins – What’s Going On?
Binance-branded BUSD stablecoin has lost another $1 billion in market cap, descending to the fourth position among stablecoins.The Binance USD (BUSD) stablecoin currently has a market cap of around $4.3 billion, down from $5.5 billion a month ago, data by CoinMarketCap shows.This...
, by Ruholamin Haqshanas
Binance.US Avoids Total Asset Freeze Through Agreement with SEC
Binance.US and the US Securities and Exchange Commission have agreed on a compromise that avoids the freezing of the exchange's assets.On Saturday, US Judge Amy Berman Jackson approved an agreement between the two, dismissing a previous temporary restraining order...
, by Ruholamin Haqshanas
Binance Is Being Investigated by French Authorities: Bloomberg News
Binance is under investigation by French authorities for “acts of aggravated money laundering,” an official for the Paris public prosecutor’s office told Bloomberg. The world’s largest cryptocurrency exchange is also being investigated for the “alleged illegal...
, by Sarah Wynn
Binance Seeks to Deregister Cyprus Entity Amid Upcoming EU MiCA Rules
Binance, the world’s largest crypto exchange by trading volume, is seeking to delist itself from the register of authorized crypto asset service providers (CASPs) in Cyprus in order to focus its efforts on complying with the EU’s Markets in Crypto-Assets (MiCA) regulation.The move by...
, by Fredrik Vold
SEC Crackdown on Crypto: Harsh Realization or Necessary Clarity?
The cryptocurrency industry has been under huge pressure since the price of Bitcoin plunged from its all-time high of $69,000 in late 2021. A string of alleged frauds, financial contagions, and security breaches, along with the collapse of some high-profile trading and...
, by Ruholamin Haqshanas
Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise
Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.As of June 14, 2023, the company has introduced its 'Send Globally' service to the third-largest country in Latin...
, by Lockridge Okoth
Binance.US and SEC Working on a Deal to Avoid Total Asset Freeze – Here’s What You Need to Know
Binance.US and the US Securities and Exchange Commission are trying to reach a solution in order to avoid a total asset freeze.According to a report from Bloomberg, US District Judge Amy Berman Jackson announced Tuesday that the two sides “aren’t that far apart” on ways to protect...
, by Ruholamin Haqshanas
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