Binance wants to set up HQs in Ireland, halts derivatives trading in South Africa
Binance is looking to open headquarters in Ireland after registering three firms there, but in South Africa, it’s been forced to drop derivative products.
Binance is looking to open headquarters in Ireland after registering three firms there, but in South Africa, it’s been forced to drop derivative products.
Crypto-crime exchange Binance’s highly public delisting of BSV may have been more performative than constative, at least, if one affiliate marketer’s site is any indication.
Crypto exchange Binance wants the world to know that it doesn’t conduct any business in China. Also, there’s no such thing as objective reality, so there’s no point accusing Binance of wrongdoing.
Binance announced that it would cease Singaporean trading pairs and payment options. It would also remove its trading app from the Google Play Store and Apple App Store for Singaporean users.
Authorities in the United States have reportedly expanded their investigation into Binance cryptocurrency exchange to include possible insider trading and market manipulation.
The Commodity Futures Trading Commission has launched a probe on Binance over alleged insider trading and market manipulation, saying its executives may have made money at the expense of users.
Regulators from all over the world continue to take action against unregulated activities and businesses of digital currency companies and platforms, proving that no one is invincible to regulation.
Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning against Binance.
CoinGeek’s Chief Bitcoin Historian joined the Cash Daddies podcast to talk about why BSV will gobble up all the other chains and calls out scams in the space.
The latest reports paint a picture of an extremely wealthy company (and founders), one that is facing very different situations in the various jurisdictions it operates in.
The world’s first country to adopt BTC as legal tender is now preparing for its rollout this coming September but pulls back from requiring the nation’s residents from using the digital currency.
Hot on the heels of the sudden and mysterious resignation of new Binance.US CEO Brian Brooks comes more speculation the exchange may be under the U.S. Securities and Exchange Commission probe.