Lens
Regulation
Binance’s third approval in Europe came after the Bank of Spain allowed its Spanish subsidiary to register as a virtual asset services provider (VASP), the world’s largest crypto exchange by volume said Friday. See related article: SEC said to probe Binance for rule violation in 2017 initial coin offering: report Fast facts The registration will […]
Ningwei Qin
Regulation
The Philippines’ Department of Trade and Industry (DTI) said it cannot ban Binance for cryptocurrency-related sales and promotion as there are no clear regulations issued by the Banko Sentral ng Pilipinas (BSP), the nation’s central bank. See related article: Crypto is based on the greater fool theory: Philippines’ incoming central bank chief Fast facts “Cryptocurrency […]
Pradipta Mukherjee
Regulation
Infrawatch PH, a public policy think tank in the Philippines, wrote to the country’s Department of Trade and Industry calling for a ban on Binance for promoting cryptocurrencies without proper licensing, according to a letter accessed by Bitpinas. See related article: Crypto is based on the greater fool theory: Philippines’ incoming central bank chief Fast […]
Monika Ghosh
Bitcoin News
Binance did not buy US$2 billion worth of Bitcoin as reported by media over the weekend, its founder and chief executive officer Changpeng Zhao said on Monday in a tweet. See related article: Bitcoin recovers above US$20K after weekend slump Fast facts At least two news sites reported that Binance had bought the dip and […]
Timmy Shen
Bitcoin News
Binance, the world’s largest crypto exchange by trading volume, has resumed withdrawals on its Bitcoin (BTC) network after a short pause early on Monday, according to an official statement. See related article: CEL down over 50% since Celsius Network’s withdrawal freeze Fast facts On his verified Twitter handle, CEO Changpeng Zhao said the issue was […]
Dylan Butts
Bitcoin News
Top blockchain and crypto news: Binance BNB slips amid allegations. STEPN marches through attacks. Is China’s slowdown straining crypto prices?
Forkast.News
Regulation
High taxes and lack of support from traditional finance make it difficult for smaller crypto operators to survive in India, a senior executive at one of the country’s largest crypto exchanges said.
Pradipta Mukherjee
Regulation
Binance has fought back on a Reuters investigation that accused the crypto exchange of serving as a conduit for at least US$2.3 billion worth of illicit funds, calling the report a “breathless pearl clutching” piece. See related article: SEC probes Binance’s BNB for initial coin offering in 2017: report Fast facts “We’re aware of Angus […]
Timmy Shen
Regulation
The Securities and Exchange Commission (SEC) is reportedly looking into whether Binance violated any rules regarding the sale of securities when its BNB token was sold through an initial coin offering (ICO) in 2017. See related article: Binance’s venture arm raises US$500 mln to invest in Web3, blockchain Fast facts The world’s largest cryptocurrency exchange […]
Timmy Shen
Investment Insights
Binance Labs’ fundraise comes as venture capital investments face headwinds from expectations of interest rate increases. See related article: Binance’s investment in Forbes is a wake-up call for the crypto industry Fast facts See related article: Binance, a16z among investors backing Musk’s Twitter bid with US$7B
Ningwei Qin
