Lawyers for Binance, a prominent cryptocurrency exchange, urged a judge to dismiss a lawsuit filed by the US Securities and Exchange Commission (SEC). During a January 22 hearing in the United States District Court for the District of Columbia, Binance’s legal team presented its case, focusing on…
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Binance
Binance will face the SEC again
The world of digital currencies experienced a significant turnaround as Binance, one of the largest cryptocurrency exchanges, will face the United States Securities and Exchange Commission (SEC) in a court hearing on Monday, January 22.…
Google Play Store blocked access to Binance in India
The Google Play Store in India recently excluded apps from cryptocurrency exchanges Binance and OKX. The move followed a notice of non-compliance issued by the Indian government, marking a stricter regulatory trend in the country towards…
Binance created the monitoring tag for certain assets
Binance, one of the leading cryptocurrency exchanges, implemented a "monitoring tag" to address the volatility and risks associated with certain digital assets. This measure affects a specific list of tokens, including Monero (XMR), Zcash…
Zhao’s fortune remains high, despite his troubles
Despite the legal challenges he faces today, Binance founder and former CEO Changpeng Zhao experienced the best financial period in his history. During the year 2023, its wealth has increased by approximately $25 billion.
According to…
Binance will close its operations with Russian rubles
In a statement, the international exchange with the largest volume of transactions, Binance, announced the cessation of person-to-person (P2P) transactions involving payments in Russian rubles, as well as the suspension of deposits in that…
Cristiano Ronaldo would be in legal trouble for promotion of crypto exchange
In a legal action filed Nov. 27 in a U.S. district court in Florida, soccer star Cristiano Ronaldo finds himself at the center of a class-action lawsuit. The plaintiffs allege that Ronaldo was actively involved in the offer and sale of…
Binance allegedly operating without a license in the Philippines
In a recent statement, the Philippine Securities and Exchange Commission (SEC) reveals that Binance, the renowned cryptocurrency exchange, has been operating in the country without proper regulatory approval. Issued on November 28, the…
Kraken founder assures that actions against Binance are positive
In a statement on X, Jesse Powell, co-founder of Kraken, expressed his satisfaction with the results of the investigation into Binance. He highlighted the importance of visionaries and shareholders with a long-term focus in the world of…
Changpeng Zhao had to pay a million-dollar bail
In a surprising turn, former Binance CEO Changpeng Zhao has resigned from the position and agreed to post a personal recognizance bond in the hefty sum of $175 million. This decision comes after pleading guilty to criminal charges in the…
Changpeng Zhao resigns as CEO of Binance
Binance CEO Changpeng Zhao agreed with the Treasury Department and the US Commodity Futures Trading Commission to resign and plead guilty to several crimes.
According to The Wall Street Journal, the agreement between the parties “includes…
Binance prepares to leave Russia
The Binance cryptocurrency exchange is preparing to leave Russian territory, so this Friday it issued a statement to its clients warning that it will no longer accept deposits in the local currency, the Russian ruble (RUB).
The statement…