Binance exits Canada citing increased regulation
Binance joins fellow "crypto" exchanges Coinbase and Kraken in exiting the Canadian marketplace as the country tightens its regulatory muscle against unregistered trading platforms.
Latest Binance News
Binance probed for helping Russia dodge economic sanctions
May is taking a bad turn on Binance as the exchange is under investigation for violating economic sanctions against Russia, opening up another front in its long-running war against compliance.
More Binance accounts linked to terror groups, AI hates CZ
Israel's National Bureau for Counter Terror Financing had seized "around 190" Binance accounts, including two allegedly linked to the Islamic State terror group, according to a Reuters report.
Craig Wright on a killing spree against ‘crypto’ in recent podcast
Dr. Craig Wright was a guest on the Alfie Whattam Podcast not to convince listeners that he is the true inventor of Bitcoin but to tell his story and why he's going after big 'crypto' names.
Coinbase hit with insider trading suit, launches Binance-lite derivatives exchange
The suit alleged that Coinbase directors knew their need to raise additional capital as early as December 2020 but chose to “deprioritize” this action.
Binance.US nixes Voyager deal
Binance.US said that although they hope to help Voyager, the regulatory environment in the United States had "introduced an unpredictable operating environment impacting the entire American business community."
Digital currency exchanges struggling as regulators close in
Digital asset firms often blame the "shifting" regulatory landscape for their failures, but in truth, laws haven't changed, and regulators are finally catching on to how technology works.
SEC’s Gary Gensler plots DeFi’s regulated destruction
Under the proposed expansion of Exchange Act Rule 3b-16, which garnered a 3-2 vote among commissioners, DeFi platforms would be included as "exchange" systems as regulators ramp up securities laws.
SEC summons Tron’s Justin Sun, Binance praises regulators it won’t obey
Tron founder Justin Sun has been given 21 days to respond to the civil charges, and failure to respond will result in a default judgment against him.
Paxos exits Canada amid increasing regulatory crackdown
Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new and tougher regulatory measures.
Prosecutors reveal Do Kwon’s millions are not in South Korea: report
Following the absence of Do Kwon’s funds in South Korea, prosecutors have written to Binance to freeze digital assets linked to the embattled Terraform Labs founder.
Binance under regulatory fire in Australia and Dubai, CZ resigns Irish directorships
Binance is feeling the regulatory walls closing in as authorities question the reputational damage of appearing to approve of the controversial digital asset exchange.