U.S. Binance Decides To Remove AMP Token As SEC Called It A Security
The largest crypto exchange by trading volume, Binance, announced in its official blog post on Monday that its U.S subsidiary exchange would delist Flexa’s AMP token “out of an abundance of caution.” And this move will come into effect on August 15 as the platform is waiting for regulatory clarity. Since Binance U.S. published the […]
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Binance’s U.S. platform is delisting crypto token amp after the Securities and Exchange Commission (SEC) declared it a security. Another crypto exchange, Coinbase, disagreed with the regulator, arguing that the token is not a security.
Binance Delists AMP ‘out of an Abundance of Caution’
Binance’s U.S. exchange (Binance US) is taking action to ensure that crypto tokens the U.S. Securities and Exchange Commission (SEC) has declared to be securities are not listed on its platform. The SEC recently said in a lawsuit against a former Coinbase product....
The U.S. Securities and Exchange Commission (SEC) is reportedly investigating Binance’s BNB token, which could be an unregistered security. If the cryptocurrency is found to be a security, it could put Binance in a similar position to Ripple Labs which has been in an ongoing lawsuit with the SEC over the sale of the XRP token.
SEC Investigates Binance’s BNB Crypto
The U.S. SEC is investigating whether Binance Holdings Ltd. breached securities laws when it conducted an initial coin offering (ICO) of the BNB token five years ago, Bloomberg reported Monday, citing....
Binance blacklists Squid Game developer accounts reports that developers used coin mixers to cover their tracks. The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago.The Binance Smart Chain-based gaming token SQUID is suspected to be an exit scam or rug pull according to the exchange. Despite this, some extremely optimistic users are still buying the token in hope of a resurrection, with the price surging six fold in the past 24 hours.Binance is exploring options to....
July 1, 2021, was a significant day for FUN Token. The Binance-listed token became one of only 10 coins to be listed for Locked Savings at Binance, joining the likes of BTC, USDT, and LINK. Users can earn up to 45% APY on their FUN Token holdings at Binance. Now, FreeBitco.in is giving 46 million […]
What a year it has been for FUN Token. From being acquired by a Bitcoin casino with 41 million users to making a brief but powerful foray into the Top 100, FUN Token has done it all in 2021. And it’s only April. Seeing the rising demand for the token, Binance has announced the FUN […]