BINANCE
Binance is one of the world's leading cryptocurrency Exchanges.
Binance CEO denies FBI "shot" rumor
Binance CEO Changpeng “CZ” Zhao has denied rumors that he was "shot" by the FBI, which were "spread widely" on a Chinese messaging platform. CZ took the opportunity to reiterate the close working relationship between Binance and the FBI, and emphasized the importance of ignoring fake news and distractions.
Binance CEO Responds to Forbes Article on Fund Shuffling
Binance CEO Changpeng Zhao responded to a Forbes article that focused on the movement of funds by the cryptocurrency exchange. The article drew parallels between Binance and the now-defunct FTX and discussed the failed Voyager bid by Binance.US, as well as the United States Securities and Exchange Commission’s planned legal action against Paxos Trust Company, the issuer of the Binance-branded stablecoin, Binance USD (BUSD). Binance transferred $1.8 billion in stablecoin collateral to hedge funds such as Tron, Amber Group and Alameda Research between August and December 2022. Binance says it still supports BUSD and is now looking into non-USD stablecoins.
Binance Australia Derivatives Closes Accounts After False Classification
The Australian Securities and Investments Commission would "target" the company's "classification of retail and wholesale customers."
Binance.US Could Be in Violation of Securities Law
SEC opposes Binance. US acquisition of nearly $1 billion in Voyager Digital assets.
Binance Australia Derivatives starts closing certain positions and accounts
Binance Australia Derivatives are for wholesale investors exclusively, according to a separate notification.
Binance Launches In-Store Crypto Payment Solution with Ingenico
In Q2 2023, a crypto-to-fiat solution for fiat payments will pilot for retailers.
Binance Launches New Update to Fan Token Platform
Lisa Binance He believed the fan club concept might connect people to their teams.
Binance CEO Denies Report That Company Is Cutting Ties With US
Binance CEO Changpeng Zhao denied that the business is contemplating leaving the US on Twitter.
Binance Expects Fines in U.S. Investigations
Binance intends to pay U.S. authorities for past compliance inquiries and crimes.
How Cryptocurrencies Can Help You Find Love This Valentine's Day
A Valentine's Day poll reveals that cryptocurrency may be key in compatible relationships.
BUSD, Paxos, and the Recent Scrutiny of Paxos
Matrixport's director of research believed Paxos' BUSD supervision was too lax, prompting regulatory attention. Stablecoins are not the goal.
Binance sees surge in withdrawals amid spooked investors
Investors have pulled billions from Binance in the past day due to US Securities and Exchange Commission and New York Department of Financial Services action against BUSD and Paxos.
Paxos Trust Company Disagrees With U.S. Securities
Paxos, a stablecoin issuer, received an SEC Wells notice earlier this month and "categorically denies" that BUSD is a securities.
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Binance Tax is offered to Binance.com customers in France and Canada, with more territories to come.
Binance-native blockchain BNB Chain continued to show steady activity growth
Despite the bad market, Messari researchers found that BNB Chain fundamentals and on-chain activities improved in Q4 2022.