Feb 01 2024
The market share of the world’s largest cryptocurrency exchange Binance has recovered significantly after plunging in the second half of 2023. The U.S. regulatory crackdown on the exchange peaked in November when the Department of Justice (DOJ) a $4.3 billion settlement with the trading platform over several charges, including a willful flo. According to a …
Jan 30 2024
Florida and Alaska authorities have instructed Binance.US to cease its services in the regions. The move follows the guilty plea of Changpeng Zhao (CZ), founder and former CEO of crypto exchange Binance, in November 2023. CZ pleaded guilty to failing to implement a strong anti-money laundering (AML) program on the platform, accepting to pay a …
Jan 22 2024
Last week, the Wall Street Journal inaccurately reported that Hamas and affiliated terror groups had received tens of millions of dollars in cryptocurrency. The US lawmakers have scrutiny on Tether and Binance in relation to these developments. In a , Tether called out the mainstream media and said there is simply no evidence that it …
Oct 06 2023
Binance, the world’s largest cryptocurrency exchange, announced on Wednesday that it has initiated the process of selling its Russian operations. “Binance has entered into an agreement to sell the entirety of its Russia business to ,” the company said in a statement. Binance emphasized that, while financial details of the transaction would not be disclosed, …
Jun 14 2023
eToro bans US customers from buying four crypto assets that were recently deemed securities by the United States Securities and Exchange Commission. Customers will still be able to retain the ability to “hold and sell existing positions in these coins.” Earlier this year, the SEC filed lawsuits against Coinbase and Binance in lawsuits against the …
Mar 20 2023
Binance’s non-fungible token arm – Binance NFT – has announced adding support for the Polygon network on March 8th. The integration will enable users to explore and trade a wider variety of NFTs across multiple blockchains. This includes – BNB Smart Chain (BSC), Ethereum (ETH) network, as well as Polygon from their Binance accounts. “Users …