Binance: Withdraw your BSV or even the ours
Binance Withdraw

Binance: Withdraw your BSV or even the ours

Binance has once again raised the ire of BSV supporters, announcing it will convert any remaining BSV in its customers’ wallets to Binance USD (BUSD) after November 1, 2021. BSV users raised questions about the company’s timing and motives, which will likely also be of interest to regulators. The exchange posted a brief notice on…

Binance to prevent Chinese yuan OTCs and restrict gain access to inside China
Binance Chinese

Binance to prevent Chinese yuan OTCs and restrict gain access to inside China

Binance has been limiting its services and products across the globe, and China is the latest. The exchange announced on Wednesday that it would halt its peer-to-peer trading service in China by the end of the year, finally exiting a market that it has been withdrawing from partially for years.  The Chinese digital currency market…

Binance wants to create HQs within Ireland, halts derivatives investing in South Africa
Binance Wants

Binance wants to create HQs within Ireland, halts derivatives investing in South Africa

Home » Business » Binance wants to set up HQs in Ireland, halts derivatives trading in South Africa After years of ducking any regulatory crackdowns by not having any physical headquarters, Binance exchange could finally be looking for a home in Ireland. However, in South Africa, regulatory warnings have forced the exchange to stop offering…

Binance bends reality in China avoidance claims
bends Binance

Binance bends reality in China avoidance claims

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. A number of digital currency exchanges are scaling back their China-facing operations to avoid risking the (further) ire of Beijing, which emphatically boosted…

Binance halts services inside Singapore like regulatory noose tightens
Binance halts

Binance halts services inside Singapore like regulatory noose tightens

Home » Business » Binance halts services in Singapore as regulatory noose tightens Singapore has joined the growing list of jurisdictions in which Binance is halting its services following regulatory scrutiny. The exchange, which appears to have flouted financial laws in dozens of countries, recently received a warning from Singapore’s central bank and has now…

Binance strike with insider trading, marketplace manipulation probe in Us all
Binance insider

Binance strike with insider trading, marketplace manipulation probe in Us all

Home » Business » Binance hit with insider trading, market manipulation probe in US U.S. authorities are now investigating the embattled Binance digital currency exchange for potential insider trading and market manipulation, a new report has revealed. The authorities, led by the Commodity Futures Trading Commission (CFTC), are probing whether Binance or its staff profited…

Binance regulatory wall space getting higher: Trade halts Singapore products like South Africa problems fresh warning
Binance regulatory

Binance regulatory wall space getting higher: Trade halts Singapore products like South Africa problems fresh warning

Home » Business » Binance regulatory walls getting higher: Exchange halts Singapore products as South Africa issues fresh warning For years, Binance went about its business unbothered to comply with financial regulations, and very few regulators looked its way. Then, the exchange’s house of cards started crumbling under regulatory scrutiny in an increasingly growing number of countries.…

Binance limits SGD product offerings in Singapore amid regulatory warnings
Binance limits

Binance limits SGD product offerings in Singapore amid regulatory warnings

The Monetary Authority of Singapore placed Binance on its investor alert list on Sept.1 over concerns that the crypto exchange may have violated local payments regulations.

Binance pushes back again against caution from South Africa regulator
Binance pushes

Binance pushes back again against caution from South Africa regulator

Though the FSCA is an agency of the South African government, Binance claimed the country’s Financial Intelligence Centre was the “major regulator” with which it had been working to be in compliance with local laws.