Binance.US CEO calls companies not integrating crypto ‘ignorant’
The CEO called digital assets a "pandemic resilient" solution for businesses. Catherine Coley, the CEO of crypto exchange Binance’s United States branch, says adopting crypto may be one of the only ways for businesses to be “pandemic resilient” going forward.In a Sept. 21 interview with Joe Weisenthal and Tracy Alloway on Bloomberg’s Odd Lots podcast, Coley said crypto had the ability to offer “uses beyond speculation” wherein investors could engage in e-commerce transactions, drive new businesses, and other real-world applications like mortgages:"If you’re building a company in the next....
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Tesla and Spacex CEO Elon Musk has raised concerns with cryptocurrency exchange Binance about its dogecoin issue. Musk calls the situation “shady,” adding that “DOGE holders using Binance should be protected from errors that are not their fault.” Both Binance CEO Changpeng Zhao and the official Twitter account for the crypto exchange responded.
Elon Musk Raises Issue on Behalf of Other Dogecoin Holders
Tesla CEO Elon Musk has raised concerns on behalf of dogecoin holders regarding the recent DOGE problem at cryptocurrency exchange Binance. The issue....
Binance will aid the Kazakhstani government in its measures to regulate the country’s cryptocurrency market. The biggest cryptocurrency exchange by trading volume, Binance will provide assistance in integrating the local financial infrastructure with the growing digital assets market. Binance announced the signing of a Memorandum of Understanding with Kazakhstan’s Ministry of Digital Development, Innovations, and Aerospace […]
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed its Ontario users that they no longer have to close their accounts by year-end.
OSC Says Binance’s Action Is ‘Unacceptable’
Cryptocurrency exchange Binance got into trouble with the Ontario Securities Commission (OSC) Thursday. Binance notified its users in June that....
Two crypto industry giants, Binance and Coinbase, have recently adjusted to align with the United Kingdom’s crypto regulations to continue their operations in the country. These changes are pivotal in the crypto industry’s journey as countries grapple with integrating digital assets into their financial systems worldwide. Related Reading: Crypto Collision: Coinbase’s CEO Brian Armstrong Challenges Chase […]
The e-commerce space is large and within it, crypto has been slowly finding a home. All around the world, merchants are integrating ways for customers to pay with cryptocurrencies on their websites to meet growing demand. This is why Uquid, a large e-commerce website, has partnered with Binance Pay to enable its customers to pay with crypto. Uquid hosts a range of products from electronics to games to apparel, etc. The website is an all-in-one marketplace similar to Amazon where shoppers are able to get all of their shopping needs done in addition to paying bills. By accepting crypto....