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Binance to Reenter Japan in August 2 Years After Regulator's Warning
26.7.2023
Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance's purchase of regulated crypto exchange Sakura Exchange BitCoin last November
Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
18.7.2023
Binance, the world’s largest cryptocurrency exchange, has grown increasingly frugal amid declining profits after boasting that it had prepared a “war chest” last year....
Read More: Report: Declining Profit Forces Binance Crypto Exchange to Scale Back Employee Benefits – Is The Bear Market Back?
Spot Volumes Rise on Centralized Exchanges but Traffic Falls Further, Report
14.7.2023
Spot and futures trading volumes on centralized crypto exchanges (CEXs) have increased in June, a new report shows. At the same time, website traffic to major trading platforms for digital assets continued to decline, according to the study which also tracks its geographical distribution. Spot...
Binance Reportedly Denied Crypto License in Germany
1.7.2023
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exchange from advertising and growing in the major European market and deal another blow to its efforts to do regulated business on the Old Continent....
Binance to Lose Euro Transfers as Paysafe Drops Support
30.6.2023
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits...
German regulator reportedly rejects Binance's crypto custody license demand
29.6.2023
Binance’s regulatory trouble continues to mount as the exchange faced pushback in Europe after the US
Binance Crypto Custody License Application Denied by German Regulator BaFin: Report
29.6.2023
Binance said it is continuing to comply with BaFin requirements in "a detailed and ongoing process."
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
29.6.2023
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading platform will continue to offer trading in these digital assets after revising their classification to comply with EU regulations. Binance to Continue...
Binance’s Market Share Fell Further in June
28.6.2023
The crypto exchange still remains the world’s largest by a significant proportion
Binance Opens Regulated Crypto Platform in Kazakhstan Amid Regulatory Challenges in the West
22.6.2023
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 Kazakhstan’s AIFC Financial Services...
Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit
17.6.2023
The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance...
Binance is leaving the Dutch market: Here's when
16.6.2023
Crypto exchange Binance announced its departure from the Netherlands, with users asked to withdraw their funds as soon as possible
Mark Cuban takes on SEC, John Reed Stark and ‘crypto derangement syndrome’
16.6.2023
The billionaire investor got stuck into a heated debate with former SEC official John Reed Stark over crypto regulation
CEX trading volumes fell to 4-year lows even before Binance, Coinbase suits
8.6.2023
Monthly trading volumes on centralized exchanges continued to fall in May as regulators tighten their grip on the industry
US SEC Identifies 12 Crypto Tokens as Securities in Binance Lawsuit
6.6.2023
The U.S. Securities and Exchange Commission (SEC) has identified 12 crypto tokens as securities in a new lawsuit filed against Binance and its CEO, Changpeng Zhao (CZ). The securities regulator asserted that Binance platforms “have made available for trading on them crypto assets that...
Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities
5.6.2023
The SEC on Monday charged the crypto exchange and its CEO with violating a number of securities laws, including offering unregistered securities to the public
Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange
5.6.2023
Taking up an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”
Binance Experiences Market Share Decline Post Regulatory Clampdown
2.6.2023
Binance has seen its market share shrink by 25% over the last three months amid increased regulatory pressure from the US.
The world's largest cryptocurrency exchange accounted for 57.5% of the average monthly volume of all crypto trades in February, but its market share has now dropped to...
Bybit Joins Binance in Exit from Canadian Crypto Market – What's Going On?
31.5.2023
Crypto exchange Bybit has announced plans to exit Canada, citing growing regulatory scrutiny in the country.
"In light of recent regulatory development, Bybit has made the difficult but necessary decision to pause the availability of our products and services," the crypto platform said in...
Binance Crypto Exchange Appoints Richard Teng to Lead All Regional Markets Outside US
30.5.2023
The world’s largest crypto exchange, Binance, has appointed Richard Teng, a traditional finance (TradFi) veteran with strong regulatory experience, as its head of all regional markets outside of the US.
The appointment marks a quick ascension for Teng at Binance and comes after less than two years...