The U.S.’s expanding offensive on digital asset players should be a clear signal that existing regulatory structures apply to the digital asset ecosystem.
Delta Crypt has already been the subject of warnings from regulators, who claim the scheme has been “illegally offering securities paying ‘ridiculous’ returns.”
Binance is the subject of an active investigation by the Commodity Futures Trading Commission for potentially offering digital asset derivative products to U.S. citizens in contravention of U.S. regulations.
The November 2020 complaint sought damages over an article that alleged Binance had intentionally created structures to evade U.S. regulators.
Binance, Coinbase, and Kraken all experienced performance issues during periods of high traffic–which happens frequently but still has not been solved.
The Binance team claimed that low trading volume and limited liquidity were the reason for the shutdown.
Binance will lock its United State user's accounts in 14 days and encourages them to remove their remaining funds before the lock date.
Binance Uganda, the Binance-brand exchange that launched in 2018, is closing its doors for good at the end of this month (November 28th).
Leaked documents show that Binance has a comprehensive plan to undermine the ability of anti-money laundering and sanctioned enforcement agencies to detect illegal activity being committed.
Reginald Fowler is looking to renew his plea talks with U.S. prosecutors, eight months after rejecting the first plea deal.
The cryptocurrency exchange was launched to tap into the European market, but things haven’t panned out, with the Jersey-based subsidiary recording dismal numbers.