Binance, the cryptocurrency exchange, has strongly denied the allegations of mismanaging its clients' funds. The company responded to a Reuters report that claimed it had mixed customer funds with corporate income.
The Reuters report alleged that Binance had violated United States banking…
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Binance
Binance suspends Australian dollar withdrawals
Binance Australia, a cryptocurrency exchange, announced the suspension of its Australian Dollar (AUD) services after its local payment service provider, Zepto, stopped supporting the exchange.
On May 18, Binance Australia tweeted that…
Binance will quit the Canadian market in September
Binance announced its exit from the Canadian market due to new guidelines imposed by the country's regulators that continue to impact the cryptocurrency sector. Calling its withdrawal “proactive,” the cryptocurrency exchange joins other…
Binance considers the UK as an alternative to the US
During a recent interview, Patrick Hillmann, Binance's Chief Strategy Officer (CSO), expressed his opinion that the current regulatory environment in the United States is posing significant challenges for cryptocurrency companies. He argued…
US Justice investigates Binance for possible sanctions violation related to russian invasion
The world's largest cryptocurrency exchange by trading volume, Binance, is under investigation by a major federal body of the US government.
The Department of Justice has opened an investigation to determine whether Binance allowed Russian…
Binance returns to Japan in June
Binance plans to reactivate its services in Japan next June through the regulated exchange Sakura Exchange BitCoin (SEBC), a platform that it bought in 2022.
Since the cryptocurrency exchange does not have an independent license to operate…
Binance under investigation in Brazil for alleged financial crimes
Binance, the world's largest cryptocurrency exchange, is being investigated for alleged financial crimes related to its derivatives business by federal authorities in Brazil, local newspaper Valor Económico reports.
The Federal Public…
Judge temporarily suspends sale of Voyager Digital to Binance.US
A federal judge temporarily suspended the sale of Voyager Digital to Binance.US for $1 billion.
The US Department of Justice requested an emergency stay, which was granted by Judge Jennifer Rearden of the US District Court in New York on…
Binance is sued for violating regulations in the United States
The main cryptocurrency exchange platform Binance, as well as its founder Changpeng Zhao, were indicted this Monday by the Commodity Futures Trading Commission, CFTC, for alleged violations of US law regulations.
According to the CFTC,…
Entrepreneur bets $1 million that Bitcoin will rise sharply
American businessman and investor Balaji Srinivasan has bet that the American economy is on the verge of collapse and that Bitcoin will see a meteoric price rise in the next three months due to hyperinflation in the United States.…
Binance partners with Movii and launches crypto card in Colombia
Binance clients in Colombia now have a new payment tool, thanks to the exchange's alliance with Movii. It is the crypto prepaid card available in the country.
Binance's association with the Colombian neobank Movii seeks to strengthen the…
Binance.US will finally be able to acquire Voyager Digital
After a lengthy legal dispute, Binance.US won the right to acquire Voyager Digital's assets, despite opposition from the United States Securities and Exchange Commission (SEC).
According to reports from Bloomberg and the media…