UK Regulators Prohibit Binance, What’s Ahead For The Crypto Exchange?
Binance has been the largest crypto exchange in the whole world. However, although not minding its reputation, the UK Financial Conduct Authority (FCA) has banned it from operating in the country. According to the regulatory body, Binance is no longer permitted to carry out regulated activities in the country from June 30, 2021. “BINANCE MARKETS […]
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After a few scares, Binance ’s offensive moves start. Regulators around the world surrounded the biggest cryptocurrency exchange by market capitalization. Their lawyers were working overtime. There were pitfalls all around. A few months later, Binance is the one setting the rules. They’re the ones inviting the regulators to the castle. They’re trying to set the tone and define what a fully compliant cryptocurrency exchange is. Related Reading | Breaking Down The Bitcoin Binance Flash Crash By The Second The campaign started with Binance’s first traditional media ad in the company’s....
Binance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future. This is Binance’s answer to a series of regulatory issues it has been facing with regulators from all over the world.
Binance Readies Regulator-Friendly Changes
Binance, the world’s biggest cryptocurrency exchange by trade volume, has announced it is preparing changes to....
Binance may be on the verge of delisting all stablecoin offerings on its crypto exchange platform for European investors. The news has triggered fears of the potential losses the EU crypto market may sustain if Binance validates and proceeds with the motion. Binance To Delist All Stablecoin Offerings In Europe A prominent executive of Binance, […]
One of the largest exchanges in the world Crypto.com is one step ahead of competitor Binance as it announced on July 28 that it has successfully obtained regulatory approval to operate in the Netherlands, a region where Binance had previously failed to obtain the necessary license. Crypto.com’s Approval A ‘Big Win’ The Singapore-headquartered exchange has […]
Binance’s CEO and founder, Changpeng Zhao, has stated that the major cryptocurrency exchange will collaborate with local regulators as it establishes Binance regional headquarters. Changpeng “CZ” Zhao Wants To Work With Regulators The CEO of cryptocurrency exchange Binance has stated that he is willing to step down as the company seeks to become a regulated […]