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3 mins read
The world's largest crypto exchange is having a hard time convincing regulators with multiple bans piling up
While developing countries are thinking of adopting Bitcoin as a legal tender, following El Salv…
6 mins read
Binance 'could be in big trouble' as the CFTC lawsuit alleges the crypto behemoth dodged regulators and breached laws
Binance is facing a fresh wave of scrutiny with the CFTC suing the exchange and its founder this we…
Zahra Tayeb
1 min read
Binance is in talks with several sovereign wealth funds about taking a stake in the crypto exchange, report says
Binance chief executive "CZ" told the FT on Tuesday the company is in talks with several sovereign …
Camomile Shumba
1 min read
Crypto exchange Binance ends derivatives trading and other offerings in South Africa
Binance will cease offering futures, options, margin, and leveraged trading in South Africa. Users …
Isabelle Lee
1 min read
Binance to shut down crypto derivatives for Australian customers in December, in a bow to regulators
Binance is shutting down crypto derivative products for existing customers in Australia by the end …
Camomile Shumba
2 mins read
Binance is 'not capable' of being effectively supervised and is a significant risk to consumers, says UK financial regulator
The Financial Conduct Authority said Binance Markets Limited failed to supply further information a…
Isabelle Lee
2 mins read
Binance bans users in Singapore from trading crypto as the country tightens its clampdown on the exchange
The move comes after Singapore's central bank on September 2 said binance.com could be breaching lo…
Isabelle Lee
2 mins read
Binance CEO Changpeng Zhao said the world's largest crypto exchange wants to work with regulators to be 'licensed everywhere'
"We need to be a licensed financial institution everywhere that we operate," Binance CEO Changpeng …
Isabelle Lee,Camomile Shumba
2 mins read
The US head of crypto exchange Binance left after just 3 months in his role
Brooks has said managing reputation and building trust with regulators were his biggest concerns in…
Shalini Nagarajan
2 mins read
Binance will no longer support stock tokens just 3 months after starting to offer them
On the same day, Hong Kong's markets watchdog announced that no entity in the Binance group is lice…
Isabelle Lee
2 mins read
Santander UK joins Barclays in blocking payments to Binance after regulator clamps down on the crypto exchange
As the global regulatory clampdown on Binance continues, an increasing number of banks are banning …
Sophie Kiderlin
1 min read
Binance CEO says the crypto exchange needs centralized headquarters to work well with regulators
'We are making changes to make it easier to work with regulators," Binance CEO Changpeng Zhao told …
Carla Mozée
2 mins read
Top crypto exchange Binance cooked up a flawed plan to try to dodge a 'nuclear' crackdown by US watchdogs, report says
Any lawsuit from US regulators would be like "nuclear fall out" for Binance, an executive told coll…
Zahra Tayeb
4 mins read
Binance’s compliance ‘journey’ gets bumpier as another partner backs out
So far, the company has been penetrating borders and reaching users unlike ever before, bu…
2 mins read
Binance revives plans for a UK launch after winning over the financial regulators that banned it
Binance's relations with the FCA have improved ever since its UK-based marketplace was banned from …
Shalini Nagarajan
2 mins read
Binance ordered to halt operations in Malaysia by mid-August
Binance also announced it will wind down its futures and derivatives products offerings in Germany,…
Isabelle Lee
1 min read
Binance will end all crypto trading in Singapore dollars after a clampdown by the local regulator
Cryptocurrency exchange Binance said it will limit products in Singapore dollars and will stop all …
Camomile Shumba
2 mins read
Binance stops offering crypto derivatives in Brazil as it shapes up to regulators' demands
Binance halted trading in crypto derivatives on its Brazil platform to comply with a July 2020 orde…
Camomile Shumba
3 mins read
Cardano overtakes Binance Coin to become the third largest cryptocurrency — here’s what’s driving the rally
The rally in the crypto asset's value is attributed to the Alonzo Purple public test net launc…
3 mins read
Crypto exchange Binance is on a major charm offensive with the regulators - Here's what 2 experts say needs to happen
Binance, the world's largest crypto exchange by volume, finally decided to pave a way forward after…