Industry Keyword: Binance
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Binance hopes Russia will help regional growth
Binance, the world's largest cryptocurrency exchange, wants to expand in Russia and neighbouring states where it sees prospects for new regulations that will boost its business, an executive said.
Russian politicians have pressed for a...
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Spain moves to rein in crypto-asset advertising
Spain has moved to regulate rampant advertising of crypto assets, including by social media influencers, tasking the stock market supervisor with authorising mass campaigns and making sure investors are aware of risks.
The rapid growth...
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Coinbase says connectivity issues fixed, investigating delays
Coinbase Global Inc said on a Twitter post on Wednesday it has resolved the connectivity problems that denied customers access to the cryptocurrency platform.
Coinbase said it is still investigating delays with some transactions and...
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Binance affiliate says will withdraw Singapore licence application
The Singapore affiliate of Binance, one of the world's largest cryptocurrency exchanges, said in a statement it will withdraw its local license application and wind down its digital payment token business in the city-state.
Governments...
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Regulator: Anti-money laundering credentials key for Binance’s Paris plans
France's financial sector regulator has said that crypto exchange Binance must focus on its anti-money laundering compliance if it wants regulatory backing to set up a possible regional hub in Paris.
Regulators across the world...
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Crypto exchange Binance says Ireland is part of its HQ plans
Major cryptocurrency exchange Binance sees Ireland as part of its plans to establish a number of headquarters across the world, its Chief Executive Officer has told journalists.
Regulators across the world have in recent months...
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Binance trading volumes soar despite regulatory crackdown
Trading volumes at major cryptocurrency exchange Binance soared between July and September, suggesting a recent crackdown by regulators across the globe has had little impact on the platform's business.
Worried about consumer protection as well...
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UK watchdog demands more power over crypto promotions
Britain's Financial Conduct Authority (FCA) called on Monday for powers to govern the online promotion of cryptoassets to combat a flood of "problematic content" which it said has no value.
With some cryptoassets using social...
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Binance removes Singapore products on main platform after regulator’s warning
Embattled Binance, which remains one of the world's largest cryptocurrency exchanges, said it will restrict its services in Singapore days after the city state's central bank said it should stop offering payment services.
The Monetary...
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Crypto exchange Binance tightens money-laundering checks as regulatory pressure mounts
Cryptocurrency exchange Binance has said it would demand stricter background checks on customers to bolster efforts against money laundering, with immediate effect, a move that comes after weeks of pressure by regulators globally.
Binance, the...
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Binance founder willing to go, as pressure mounts
Binance founder Changpeng Zhao said he was willing to step down whenever he finds a successor who can do a "better job", as one of the world's biggest cryptocurrency exchanges, under pressure from regulators...
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Crackdown: Crypto exchange Binance unauthorised, says Italian regulator
Major cryptocurrency exchange Binance is not authorised to carry out activities in Italy, the country's market watchdog has said, joining a string of global regulatory moves against the platform.
Binance Group companies are not authorised...