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Binance’s Cyprus unit files for deregistration

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Cyprus branch of the global cryptocurrency exchange, Binance, has submitted an application to withdraw its registration as a crypto asset service provider, according to the country’s securities regulator. According to Reuters, the regulator disclosed this information but did not provide […]
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Binance’s CZ severs Twitter ties with Elon Musk

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 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 […]
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CFTC names Binance’s three VIP clients, probably treated differently

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 VIP clients of the embattled exchange. The revelation has sent ripples throughout […]
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Dubai dives deeper into Binance’s operations for licensing

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 trade centre authority (DWTC) has requested further information from cryptocurrency firms, including […]
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Nansen data reveals Binance’s on-chain holdings valued at $64b

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 reached an impressive $64 billion. This figure is indicative of the exchange’s […]
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Crypto markets react to Binance’s battle with CFTC

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 have witnessed notable price drops. For instance, bitcoin (BTC) has dropped 3.2% […]
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