Binance could see itself in court following Monday's proceedings on its plea to dismiss the SEC's civil lawsuit, with Judge Jackson appearing skeptical over the exchange's arguments.
The U.S. regulator is looking to get the upper hand in its case against Binance and Coinbase, using its recent victory against Terraform Labs as leverage to bolster its unregistered securities claims.
Recent reports allege that Binance had "entered into an agreement to sell the entirety of its Russia business to CommEX," an exchange that launched only the day before.
The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in favor of a plan, but the vote still needs the approval of the Court.
In the latest developments in the "crypto" space, Tether's secret banking ties are put on the spotlight after partnering with Britannia Bank & Trust, while Binance ceases support for BUSD products.
Hong Kong-based First Digital Group celebrated the debut of the new FDUSD stablecoin on Binance, but little do they know that the U.S. dollar-backed FDUSD appears to have tripped down the red carpet.
Binance.US issued a notice to customers regarding a “temporary shortage in the concentration of BCH on the BCH network,” which left many confused as to what exactly they’d just read.
Most prominent exchanges are likened to casinos and tokens as chips, with no practical purpose, leading to crypto wash trading being endemic to the digital asset sector.
In its latest report, Reuters claims that Binance violated U.S. financial rules regarding the strict church-state separation of customer funds from company revenue in 2020 and 2021.
Binance Australia abruptly announced that it was "unable to facilitate PayID AUD deposits for Binance users" because of a decision made by their third-party payment service provider.
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 follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new and tougher regulatory measures.
