Binance News and Articles

On September 3, South African financial regulatory body, the Financial Sector Conduct Authority (FSCA) urged people against leading crypto exchange operator Binance. The press release, published by the authority, says Binance doesn’t have permission to offer advisory or intermediary services in...

Binance, the leading cryptocurrency platform, has decided to launch a mandatory verification procedure for all of its users. The administration of the trading floor published the corresponding statement this morning. The blog clarified that this procedure is going to affect, first of all, new...

On August 13, it became known that the largest cryptocurrency exchange Binance has liquidated all trading pairs with the participation of the KRW asset. As it became known, this decision was made against the background of various legislative changes and is aimed at complying with the new...

Brian Brooks, a former U.S. Acting Comptroller of the Currency who started his service as the CEO of Binance US in early May, revealed leaving the position. The executive disclosed the news on Twitter on August 6, saying that in spite of differences over strategic approaches, he wishes the company...

Widely popular crypto exchange Binance revealed that its trading option of crypto-derivatives stops being available in Hong Kong. As stated in the release published today, the new rules come into effect immediately, disallowing newbies to create accounts and implement operations crypto derivatives...

The US SEC vs Ripple case can come closer to its solution with Magistrate Judge Sarah Netburn's decision to grant Ripple CEO Brad Garlinghouse access to reports of leading crypto exchange Binance. Per the decision announced on August 3, Ripple’s becoming able to hold discovery across the US...

Widely used crypto exchange Binance terminates margin trading on the pound sterling, the euro, and the Australian dollar from August 10. As noted in the blog post released on July 26, Binance Margin will be settled in an automated way, annul orders, and remove pairs that include the above-mentioned...

Binance CEO Changpeng Zhao (CZ) revealed that the company's U.S. branch may go public via an IPO. The announcement was made during an online conference REDeFiNE Tomorrow held on July 23. CZ also said that the major crypto exchange Coinbase helped to form a "playbook" for crypto firms...

NatWest announced the temporary suspension of the function for exchanging digital assets with the Binance exchange. The largest commercial bank in the UK mentioned in a statement that its decision is temporary. The reason for such drastic innovations was the uncertainty in the regulation of...

Crypto company Binance continues to face claims from regulators around the world. This week, Hong Kong and Lithuania urged exchange management to register with local jurisdictions to be eligible to work with crypto traders. Otherwise, the company will face problems. The Hong Kong regulator reminded...

Major crypto platform Binance released a blog post saying it ceases support for stock tokens. As the company reports, users that presently own stock tokens, may sell or store them till October 14. The news came amid regulatory issues that the firm has been...

Major payment companies Visa and Mastercard told Financial Times that clients will be able to access operations with Binance in spite of the current regulatory issues that the company faces. After various countries targeted Binance, some banks and payments firms have stopped working with the...

Today, another country's regulatory announced concerns about the crypto exchange Binance. Italy's market watchdog Commissione Nazionale per le Società e la Borsa (Consob) said Binance wasn't authorized to operate in the country. Thus, Italy becomes the latest country to do so. Consob published a...

The British division of Santander Bank has stopped sending funds to the Binance cryptocurrency exchange. The blocking of transactions is intended to protect investors as part of the UK Financial Conduct Authority (FCA) policy, in a statement from the Spanish financial giant. The regulator...

Many states are interested in the activities of the Binance cryptocurrency exchange. For example, British banks began to impose restrictions on the withdrawal of funds to Binance against the background of increased government control over the trading floor. Regulators from Canada, Japan, and...

Earlier this week, it became known that a large British bank, Barclays, prohibited its clients from sending funds to the Binance cryptocurrency exchange. The financial giant said this decision was prompted by its desire to protect investors from fraudsters. The administration of the Binance...

Major crypto exchange Binance has shared the news of expanding its compliance team amid regulatory issues. Binance's new Director of Compliance is Jonathan Farnell. The exchange aims to develop the scope of its regulatory product, among them regulated e-money and crypto-asset services. Farnell...

The world's largest crypto exchange Binance has come under scrutiny from many countries. Great Britain was on the list of such countries. The Kingdom's Financial Conduct Authority (FCA) has ordered the Binance platform to stop serving local traders. The regulator motivated its decision by the fact...