Binance has recently faced various regulatory challenges in multiple jurisdictions. Bloomberg reports that the crypto exchange might be preparing for a change in its top leadership. The exchange has recently lost its Australian payments partner, which led to the suspension of Australian dollar...
In a surprising move, Binance CEO Changpeng Zhao (CZ) decided to unfollow Elon Musk on Twitter. However, despite this decision, Binance’s spokesperson confirmed that the cryptocurrency exchange’s substantial $500 million investment in Twitter, made last year, remains unaffected. Strange move by CZ The...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recent YouTube video by The Wall Street Bull, the daily market update touched on the $8 billion inflows into XRP market cap, Shiba Inu’s removal from Binance’s...
Cryptocurrency giant Binance finds itself in hot water as the Commodity Futures Trading Commission (CFTC) accuses it of “sham” compliance practices. Amid this controversy, three major trading firms – Jane Street Group, Tower Research Capital, and Radix Trading – have been identified as...
Dubai’s world trade centre authority has requested additional information from crypto firms, including Binance, applying for operating licenses in the emirate, highlighting its commitment to creating a secure and well-regulated environment for the growing digital asset sector. In recent news, the Dubai world...
Binance’s on-chain holdings have reached a staggering $64 billion, as revealed by blockchain analytics firm Nansen, showcasing the cryptocurrency exchange’s sustained dominance in the digital asset market. According to recent findings from blockchain analytics firm Nansen, the on-chain assets held by Binance have...
The US Commodity Futures Trading Commission (CFTC) took legal action against the largest crypto exchange, Binance, on March 27. Consequently, the digital asset market has been showing bearish signs. As the debate gets more sizzling among the crypto community, the top three cryptocurrencies...
Just after CFTC accused Binance of wilful evasion of federal rules and of running an unlawful digital asset derivatives exchange, its CEO Changpeng Zhao (CZ) fired back at the regulator. The Commodity Futures Trading Commission (CFTC) alleges that Binance has purposely avoided regulation...