Binance Goes Diplomatic: Advising Governments On Crypto Laws
Crypto exchange Binance is remodeling its attitude toward regulation, flipping the script on its former notoriety as a pain in the neck of sorts to a role as an insider policy adviser to governments worldwide. The organization currently advises governments in several countries on crypto policy, recent quotes by CEO Richard Teng report. Related Reading: […]
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The Binance CEO has announced that they restricted the 281 personal accounts of Nigerian users due to a need for compliance with international money laundering laws. The growth of cryptocurrency crimes has been a significant reason for using and enforcing securities laws. Changpeng Zhao, the CEO of Binance, wrote an open letter on Saturday addressing […]
Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning followed numerous tweets by CZ and Wazirx’s founder regarding whether Binance acquired Wazirx.
Binance’s Warning: Transfer Your Funds
The conflict between global crypto exchange Binance and Indian crypto exchange Wazirx has deepened. Binance CEO Changpeng Zhao (CZ) tweeted Friday, advising anyone with funds on Wazirx to transfer them to Binance. He....
Liberland's President Vít Jedlička is heading out on a diplomatic mission this week to speak with neighboring countries in an effort to increase legitimacy and build rapport. From an official press release released by his office: ... April 27th 2015 in 09:00 AM, President of Liberland Vít Jedlička shall visit Croatia Embassy in Prague (V Průhledu 9, 162 00 Prague 6). He shall present an diplomatic note, officially announcing formation of the new neighboring state, the Free Republic of Liberland, to the Republic of Croatia. In the note, the President also announces sincere intent of the....
The CEO of Binance crypto exchange, Changpeng Zhao, has revealed his thoughts about the idea of segregated digital currency markets. According to CZ, this is an excellent time to keep up the liquidity in the market. He revealed this after his conversations with governments from different nations. From our interactions, some countries want a segregated […]
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers. Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of California on Monday, alleging that Binance sold unregistered securities in the form of LUNA and UST to investors and mislead them into buying them.The lawsuit was filed by law firms Roche Freedman and Dontzin Nagy & Fleissig on behalf of....