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Binance cancels registration in the UK amid regulatory scrutiny
19.6.2023
Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Bitcoin bulls look to re-establish control — Will BNB, LTC, OKB and QNT follow?
18.6.2023
Bitcoin price is showing some strength, and charts suggest BNB, LTC, OKB and QNT could follow?
Binance BUSD Drops $1 Billion in Market Cap, Falls to Fourth Among Stablecoins – What's Going On?
18.6.2023
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 places BUSD...
Warnings of Regulatory ‘Siege,’ Binance US Asset Freeze Averted, Schiff Says Fed Destroyed US Banking System, and More — Week in Review
18.6.2023
Red tape and confusion has been the theme in crypto news as of late, with cryptocurrency firms scrambling to stay compliant with regulators like the U.S. Securities and Exchange Commission (SEC), with little to no definite regulatory clarity made available to them thus far. In the wake of lawsuits...
Binance sends cease and desist notice to Nigerian scammer entity
18.6.2023
This comes after the Securities and Exchange Commission, Nigeria (SEC), released a circular stating the illegality of Binance Nigeria Limited in the country
Binance.US Avoids Total Asset Freeze Through Agreement with SEC
18.6.2023
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 (TRO) that would freeze...
Binance CEO CZ deems SEC's request for emergency relief unwarranted
18.6.2023
Binance CEO Changpeng 'CZ' Zhao has heaved a sigh of relief noting he is pleased the disagreement with SEC is over
BUSD falls to fourth position among stablecoins
17.6.2023
After a dip of over $1 billion in the past 30 days, BUSD now sits at the fourth position in market capitalization among stablecoins
Binance Exits Dutch Market Following Unsuccessful Bid for VASP License
17.6.2023
Binance crypto exchange has decided to withdraw from the Dutch market following an unsuccessful attempt to obtain a virtual asset service provider (VASP) license from the Dutch regulator.
The platform is no longer accepting new users to register from the Netherlands....
Read More: Binance Exits...
Amid SEC lawsuit, market drop by 78% on Binance.US, but DigiToads presale continues to rise
17.6.2023
Following the recent actions of the SEC on the crypto market, the crypto market has suffered a harsh market situation. Some of the best cryptos on the Binance platform have lost their standings, and the market depth has plummeted by 78%. DigiToads (TOADS) presale success has exceeded expectations...
US court approves SEC-Binance.US agreement
17.6.2023
As per the approved agreement, only Binance.US employees will have access to client funds until the litigation is resolved
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
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...
SEC and Binance.US strike a temporary agreement on asset access
17.6.2023
Proposed measures include restricting Binance Holdings officials' access to private keys and disclosing business expenses
Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’
17.6.2023
Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would...
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
17.6.2023
Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has officially declined to $4.304 billion. DAI’s market valuation on Friday, June 16, 2023, is approximately $4.394 billion, but the number of circulating...
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
16.6.2023
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies
Price analysis 6/16: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
16.6.2023
Bitcoin has reclaimed the $26,000 level, but will large cap altcoins follow BTC's rebound?