Binance

SEC Hasn’t Met Legal Requirements to Sue, Binance Says in Latest Bid to Dismiss Lawsuit

Binance and Zhao, more commonly known as “CZ,” filed a reply to the SEC, alongside Binance.US, which submitted its own separate, but similar, filing arguing that the SEC did not show that the exchanges’ U.S. customers had any contracts that would meet the definition of an “investment contract,” or that other elements of the Supreme…

Binance Peer-to-Peer Trading Platform Halts Ruble Support Following Russia Exit

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Crypto Exchange Binance Saw Major Decline in Market Share in 2023

Despite Binance’s decline in spot trading market share over the year, it still remains the largest cryptocurrency exchange by a wide margin. In second place to Binance’s 30% is Seychelles-based OKX, which has seen its market share grow to 8% in December from around 4% to start the year, according to CCData. Source link

The Binance Crackdown Will Be an ‘Unprecedented’ Bonanza for Crypto Surveillance

One attraction of Binance, as the company grew from its 2017 founding into the biggest cryptocurrency exchange in the world, was the firm’s freewheeling flouting of rules. As it amassed well over 100 million crypto-trading users globally, it openly told the United States government that, as an offshore operation, it didn’t have to comply with…

Judge Accepts CZ’s Guilty Plea, Has Yet to Decide on If Binance Founder Can Go Home

Binance, which pleaded guilty to three charges, including one sanctions-related charge, has to allow monitors who can report back to the Department of Justice and the Treasury Department as part of its plea deal, which also saw it agree to pay a massive $4.3 billion fine. Richard Teng, a former director at Binance, has taken…

Binance, SBF, ETH and Gensler Get Mentions at Republican Presidential Debate

Republican leadership contender Vivek Ramaswamy got the first crypto question. Source link

First Mover Americas: Binance Withdraws an Abu Dhabi License Application

The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Source link

Crypto Exchange Binance Ends Abu Dhabi License Application: Reuters

Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing

Binance founder and former CEO Changpeng Zhao (CZ) cannot return to the United Arab Emirates before his sentencing, a federal judge ruled Thursday night. Zhao, who pleaded guilty to one charge of violating the Bank Secrecy Act last month, is set to be scheduled in February 2024. He was released on a $175 million personal…