South African bank bans purchases on Binance over non-compliance claims
Absa Bank has reportedly barred its clients from purchasing digital currencies on Binance, telling its clients that the exchange was non-compliant.
Absa Bank has reportedly barred its clients from purchasing digital currencies on Binance, telling its clients that the exchange was non-compliant.
TSB Bank is concerned about the increase in scammers allowed to set up their e-wallets on digital currency platforms, particularly Binance and Kraken exchanges.
The number of laypeople pouring their money into ‘crypto’ is growing exponentially, lured in by fantasies of overnight wealth and the false idea that BTC’s 300% gains over the past year can only continue.
TechLead, aka Patrick Shyu, addressed the great digital currency crash of May 19, focusing on the major losses experienced by individuals who’d gotten into bed with Binance Leveraged Tokens.
Binance has lost its top bean counter just as regulatory headwinds threaten to blow the troubled cryptocurrency exchange off its pedestal.
Regulators have waited too long to act on so-called stablecoins, to the point where exposure to schemes like that being run using Tether has infected the entire digital asset industry—and even beyond it.
Binance is under investigation by the Inland Revenue Service (IRS) and U.S. Department of Justice (DoJ), according to a report by Bloomberg.
It appears that Binance's standard response to customer enquiries about their missing funds is a link to the April 2019 announcement—or, in other words, tough luck.
The German securities regulator has rejected an appeal from cryptocurrency exchange Binance to remove its warnings about the firm’s stock tokens.
The German financial regulator has reasonable grounds to suspect cryptocurrency exchange Binance of violating securities laws over its tokenized stock trading service.
The Financial Times reported that European regulators, were investigating whether the Binance token launch was arranged in compliance with securities laws before being made available for sale.
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.