Binance faces uphill battle to re-enter UK crypto market

Cryptocurrency exchange giant Binance is struggling to re-establish services in the UK following an October suspension, reports Bloomberg. Recent Financial Conduct Authority (FCA) rule changes require crypto firms to register or partner with approved marketers. … Read more

Binance to face off against SEC in pivotal hearing

The world’s largest cryptocurrency exchange Binance is prepared to square off against the U.S. Securities and Exchange Commission (SEC) in a pivotal court hearing on Monday that could shape regulation of the crypto sector. Binance … Read more

Binance founder required to stay in U.S. judge says

Binance founder Changpeng Zhao has been instructed to stay in the United States after admitting to violating U.S. anti-money laundering laws. This directive follows his resignation as CEO of the cryptocurrency exchange. Zhao’s current stay … Read more

Binance’s UK chief resigns amid regulatory pressure

Binance, the global cryptocurrency giant, faced another setback last month with the departure of Jonathan Farnell, its Head of U.K. Operations. Farnell, who also served as the CEO of Bifinity, Binance’s payment service that was … Read more

Binance sets up Polish entity after Belgium ban

Cryptocurrency giant Binance has established a new regulated entity in Poland after being ordered to cease operations in Belgium by the country’s financial watchdog. The world’s largest crypto exchange said the Polish unit would enable … Read more

Mastercard to end crypto card programs with binance

Mastercard and cryptocurrency exchange Binance will terminate their cryptocurrency debit card partnerships in Argentina, Brazil, Colombia and Bahrain from September 22nd, a Mastercard spokesperson confirmed. The Binance cards allow users to spend their crypto balances … Read more

Binance executives exit as regulatory heat intensifies

Binance is facing the departure of senior executives amid the challenges posed by regulatory issues, reports Bloomberg. According to sources familiar with the situation, some employees have already left their positions, while others are planning … Read more

Binance Australia office searched by regulator

Binance, the world’s largest cryptocurrency exchange, is once again under regulatory scrutiny. The Australian securities regulator (ASIC), recently conducted a search of Binance Australia’s offices as part of an investigation into its closed derivatives business. … Read more