CoinspeakerBinance France: CZ’s Conviction Puts EU Access at Risk Although the AMF extended its transitional period for compliance to December 2025, which allows Binance to operate in France until then, beyond this point, a MiCA license will be required to maintain EU market access. Binance France: CZ’s Conviction Puts EU Access at Risk
Read More »Binance’s CZ Could Be Richest Person Ever to Go to Prison in US
CoinspeakerBinance’s CZ Could Be Richest Person Ever to Go to Prison in US Despite Zhao plea and the severity of the charges, Binance continues to thrive in the booming cryptocurrency market, with over 40 million new users in 2023, up 30% from the previous year. Binance’s CZ Could Be Richest Person Ever to Go to Prison in US
Read More »Binance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing
CoinspeakerBinance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing Former Binance CEO alias CZ will be sentenced on April 30, with the DoJ seeking a harsher punishment of 3 years. Binance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing
Read More »Monero Price Tanks 17% Soon after Binance Delists XMR
CoinspeakerMonero Price Tanks 17% Soon after Binance Delists XMR Crypto exchange Binance said that it decided to delist XMR and other coins as they do not meet their requirements or the industry changes. Monero Price Tanks 17% Soon after Binance Delists XMR
Read More »Binance Officially Allows Large Customers to Keep Assets with Independent Custodians
CoinspeakerBinance Officially Allows Large Customers to Keep Assets with Independent Custodians Eligible Binance customers can now use independent custodians to keep their assets instead of holding them on the Binance exchange. Binance Officially Allows Large Customers to Keep Assets with Independent Custodians
Read More »Binance.US Faces Suspension of Operations from Regulators in Alaska and Florida
CoinspeakerBinance.US Faces Suspension of Operations from Regulators in Alaska and Florida In the face of the US government's actions targeting the global Binance exchange, its domestic counterpart, Binance.US, continued its operations within the country. Binance.US Faces Suspension of Operations from Regulators in Alaska and Florida
Read More »Top 10 Major Crypto Headlines in 2023 by Coinspeaker: Year of Triumphs, Scandals, and Transformations
It was a controversial year for the crypto indutrsy. Let’s have a closer look at the major crypto-related events that too place in 2023. The year 2023 has been a rollercoaster ride for the cryptocurrency ecosystem, defined by important events that have impacted the industry’s direction. From stablecoin woes to regulatory disputes, institutional acceptance, and the advent of meme coins, the crypto sector has seen a wide range of stories. Here are the top 10 major crypto headlines that have...
Read More »Binance Report: Crypto Exchange Adds 40M Users in 2023 Despite Regulatory Hurdles
Binance reported more than $1.2 billion in assets under custody for more than 170 million users in its 2023 performance report. Leading cryptocurrency exchange by daily traded volume and registered users, Binance Holdings Ltd., has continued to build the necessary infrastructure and products to enable the next phase of web3 mass adoption. Despite the former Chief Executive Officer Changpeng Zhao (CZ) being forcefully ousted by the United States government, Binance has demonstrated that it...
Read More »CZ Binance Hires Former US Prosecutor Matthew Diggs
Despite the ongoing legal battle with CZ Binance and the US government, market experts believe the company will continue to maintain its position as the biggest crypto exchange in the world. Changpeng Zhao (CZ), the founder and former CEO of the world’s largest cryptocurrency exchange Binance has hired Matthew Diggs, an ex-prosecutor in the United States with years of criminal and regulatory experience, to defend his interests in the ongoing settlement saga with the government. Recall...
Read More »Philippines Financial Regulator Cracks Down on Binance for Unauthorized Crypto Operations
Even though Binance acts as an approved broker in some places overseas, it still has to meet many legal requirements to handle securities activities in the Philippines under the country’s Securities Regulation Code. The Philippine Securities and Exchange Commission (SEC) has greatly increased its regulatory fight against the global crypto trading giant Binance. The SEC accused the crypto exchange of illegally operating in the country without licenses. In a recent notice, the Philippine SEC...
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