The move is a result of changing regulations guiding crypto activity in the EU Binance has removed Tether’s USDT trading pairs in the European Economic Area (EEA) as part of its efforts to comply with the Markets in Crypto-Assets Regulation (MiCA). The decision is part of a broader initiative to align with regulatory standards, impacting
Changpeng Zhao claims the rumor was started by a competitor of the cryptocurrency exchange Binance co-founder Changpeng Zhao has dismissed speculation that the cryptocurrency exchange is up for sale. The former CEO addressed the rumors on social media, labeling them as misinformation spread by a competitor. He stated that as a shareholder, Binance is not
The two will take a break for two months amid changes in the US approach to cryptocurrency The US Securities and Exchange Commission (SEC) and Binance have agreed to pause their ongoing legal battle for 60 days, marking a shift in the regulatory approach to cryptocurrency cases. The joint motion, filed yesterday, signals a potential
The Supreme Court refused to hear Binance’s arguments for dismissal The US Supreme Court has rejected an appeal from Binance and its founder, Changpeng “CZ” Zhao, allowing a class-action lawsuit against the cryptocurrency exchange to move forward. The lawsuit, originally filed in 2020 by investor Chase Williams, accuses Binance of selling unregistered securities and operating
No concrete date is set, but the crypto exchange’s CEO has his eyes on the US market Binance.US, the American division of the global cryptocurrency platform Binance, has revealed plans to bring back US dollar services in early 2025. Interim CEO Norman Reed shared this update in a blog post on December 18, signaling optimism
The two companies are partnering on new stablecoin initiatives centered on USDC Circle and Binance have announced a strategic partnership aimed at expanding the global adoption and utility of stablecoins. This collaboration was unveiled during Abu Dhabi Finance Week and emphasizes the growing role of stablecoins like USD Coin (USDC) in modern financial systems. We
The defunct cryptocurrency exchange believes Binance conducted fraudulent transactions FTX launched a lawsuit against Binance and its former CEO, Changpeng Zhao, claiming that $1.8 billion in “fraudulent transfers” were made to Binance and its executives. The lawsuit hinges on a 2021 transaction where Binance sold back its stake in FTX, acquired in 2019, to FTX
The SEC amended its complaint against the cryptocurrency company, which continues to fight back Binance and its former CEO, Changpeng “CZ” Zhao, are pushing back against the US Securities and Exchange Commission (SEC) in an ongoing legal case, challenging new claims that add more tokens to the list of alleged securities violations. On November 4,
The cryptocurrency exchange is going to have to respond to allegations it illegally sold securities The simmering legal dispute between Binance.US, the American arm of cryptocurrency giant Binance, and the Securities and Exchange Commission (SEC) has reached a boiling point. Binance.US is bracing for a lengthy legal battle after a US court ruling allowed the
The platform formerly known as Twitter has seen an uptick in cryptocurrency fraud Binance co-founder Yi He recently expressed that he doesn’t believe Elon Musk is doing enough to fight cryptocurrency scams on the X.com platform and questions whether he would do anything to address the issue. He’s worried were about an apparent impersonation scam
The cryptocurrency exchange is moving on as its founder spends time in prison The world’s biggest cryptocurrency exchange by daily volume, Binance, announced on social media on June 8 that it now serves 200 million users worldwide. This is by far the most users among any global crypto exchange. Binance celebrated the milestone across social
Binance wins a round, even as it continues to face issues elsewhere Binance US has won its appeal following the suspension of its money-services business license in Florida. A Florida First District Court of Appeal ruling determined that the Office of Financial Regulation’s (OFR) emergency suspension order against the cryptocurrency exchange had no legal justification. The agency
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