Tag Archives: Binance

Binance is getting a lot of heat from the Securities and Exchange Commission (SEC) and related agencies. Not long ago, Jareck Jakubcek – the head of law enforcement at Binance APAC – sat down for an interview to explain the regulatory issues surrounding crypto and to explain that digital assets aren’t immune to criminal activity. What’s Going on with Binance? He stated: At Binance, we welcome opportunities to actively engage with regulators, and we support clearer...

CoinspeakerRevolut to Close US Crypto Services Due to Uncertain Regulatory Position From October 3, customers in the US will no longer be able to use Revolut to buy, sell, or hold any cryptocurrencies. Revolut to Close US Crypto Services Due to Uncertain Regulatory Position

CoinspeakerBinance Denies that Chinese Users Traded $90 Billion Despite China’s Ban Binance explained that they even have refused to conduct business in the Asian due to China's cryptocurrency ban. Binance Denies that Chinese Users Traded $90 Billion Despite China’s Ban

The Chief Executive Officer of Binance – Changpeng Zhao (CZ) – said one reason why his company recently introduced the stablecoin FDUSD is the terminated partnership with Paxos. While the two entities teamed up in 2019 to launch the USD-denominated BUSD, the New York state regulators told Paxos to stop minting new tokens earlier this year. CZ said that, as of the moment, Binance has no intention to list its own stablecoin but rather collaborate with other companies focusing...

CoinspeakerNomura to Launch Crypto Services in Dubai after Obtaining License Nomura's move to launch virtual assets and brokerage services in Dubai is well-timed. It comes amid a growing interest and demand for digital assets among institutional and retail investors worldwide. Nomura to Launch Crypto Services in Dubai after Obtaining License

CoinspeakerBinance Unveils Sei as 36th Project on Its Launchpool Simultaneously, Binance has introduced CyberConnect (CYBER) as the 37th project on Binance Launchpool. Binance Unveils Sei as 36th Project on Its Launchpool

CoinspeakerBinance Reenters Japanese Market with 34 Tokens With 34 tokens, Binance will offer more coins than any exchange operating in Japan. Binance Reenters Japanese Market with 34 Tokens

Amid regulatory turmoil elsewhere, Binance’s Dubai affiliate, Binance FZE, managed to score an Operational Minimum Viable Product license from the Virtual Assets Regulatory Authority (VARA). Binance has now become the first crypto trading platform to receive Dubai’s Operational MVP license enabling it to offer services such as exchange and broker-dealer services. The company is permitted to serve only institutional and qualified retail investors for now. Binance’s Dubai...

CRV – the native token of the DeFi exchange Curve Finance – has plunged over 12% following the recent exploit on several stable pools of the project. However, the token’s price took a somewhat interesting trajectory on the leading South Korean cryptocurrency exchanges Bithumb and CoinOne, currently trading at a 510% and a 220% premium, respectively. Separately, Upbit (another major Korean digital asset platform) paused CRV deposits and withdrawals shortly after the latest...

CoinspeakerBinance Becomes First Crypto Exchange to Get Operational MVP License in Dubai With this license, Binance can now offer approved virtual asset services, further solidifying its reputation as a responsible player in the crypto market. Binance Becomes First Crypto Exchange to Get Operational MVP License in Dubai