Binance froze over 90% of $12.5 million in cryptocurrency assets stolen from its client. The post Binance Halts Illicit Fund Movement, Ceases Russian Ruble Deposits appeared first on BeInCrypto.
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The US SEC has countered Binance's attempt to dismiss a lawsuit accusing it of offering unregistered securities, stating that Binance's arguments lack legal foundation and would disrupt established legal precedent. The post SEC vs. Binance: Legal Violations Must Push Lawsuit Forward appeared first on BeInCrypto.
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Senator Cynthia Lummis’s appeal for investigating Binance and Tether underscores a critical regulatory concern amid allegations of these platforms facilitating illicit financial activities. The post Why Senator Cynthia “Crypto Queen” Lummis Calls on Justice Department to Charge Binance appeared first on BeInCrypto.
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Binance, the world's largest cryptocurrency exchange, is reportedly linked to the new Hong Kong-based exchange HKVAEX, a move seen as a strategy to secure a cryptocurrency license in Hong Kong. The post Binance Believed Behind Hong Kong Crypto Exchange Launch appeared first on BeInCrypto.
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Binance UK CEO allegedly departs after new FCA rules increase compliance burdens at the exchange. The post Key Binance UK Departure Throws Future Into Turmoil appeared first on BeInCrypto.
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Binance adds native support for USDC to potentially attract more trading volume from Polygon customers. The post Binance Woos Corporates With Polygon USDC Support appeared first on BeInCrypto.
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Binance steers forward by allying with fiat providers to restore Euro transactions, a move catalyzed by its previous partner Paysafe's exit. This initiative aims to simplify crypto trades, bolstering digital asset adoption amid a backdrop of regulatory hurdles and executive exits. The post Binance Restores Euro Withdrawals Amid Regulatory Concerns appeared first on BeInCrypto.
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Stéphanie Cabossioras departs as Binance's French unit MD, following regulatory hurdles globally. The crypto exchange faces challenges in Europe, while Binance.US's market share dives after US regulatory allegations. The post More Binance Executives Step Down As the Crypto Exchange’s Troubles Deepen appeared first on BeInCrypto.
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Witness testimonies in Sam Bankman-Fried's fraud trial have shone more light on the tensions between SBF and CZ that spilled into public view. The post Downfall of FTX: How Rivalry Between Crypto Titans Spelled Disaster appeared first on BeInCrypto.
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A Brazilian congressional committee accuses Binance of transacting around $791.7 million without local regulatory oversight and alleges CEO Changpeng Zhao set up multiple companies to evade local laws. The post Binance and CEO CZ Face Harsh Allegations In Brazil appeared first on BeInCrypto.