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Binance Pulls Out of German BaFin Crypto Application – What's Going On?


A month after the world’s largest crypto exchange Binance faced rejection of its crypto custody license request from the German regulator BaFin, the exchange has reportedly withdrawn its license application. “Binance confirms that it has proactively withdrawn its BaFin application,” a Binance...

Binance, CZ to Seek Dismissal of CFTC Complaint


Crypto exchange Binance and its founder and CEO Changpeng Zhao (CZ) plan to seek the dismissal of a lawsuit filed by the U.S. Commodity Futures Trading Commission (CFTC). On July 27, the trading platform is due to submit its response to the CFTC complaint alleging that it broke derivatives laws...

Binance's New Platform in Japan to Provide Full Services from August


Binance revealed that it is finally ready to roll out its full services on its recently-launched subsidiary platform in Japan.  The confirmation came from the exchange’s founder, Changpeng Zhao, during a conference in Tokyo earlier today, which he attended via video.  Zhao said that the services...

Binance and CEO Changpeng Zhao Plan to Submit Motion to Dismiss CFTC Lawsuit


Binance, the world's biggest crypto exchange, billionaire founder Changpeng Zhao – CZ – and the exchange’s former compliance chief Samuel Lim have intended to file two motions to dismiss a complaint from the Commodity Futures Trading Commission (CFTC). Per a court filing on Monday, Binance and...

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