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UK Financial Regulator Restricts Binance Crypto Business

UK Financial Regulator Restricts Binance Crypto Business

The United Kingdom Financial Conduct Authority (FCA) issued a restriction to Binance, requesting Binance Markets Limited to remove all advertising and financial promotions and close the business by the evening of this Wednesday.

4 Reasons Why Bitcoin Rises While the Crypto and Stock Markets Drop

4 Reasons Why Bitcoin Rises While the Crypto and Stock Markets Drop

Why does the Bitcoin price continue to rise as the stock market, as well as the overall crypto market experience a drop? Here are four reason why Bitcoin is different.

Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation

Changpeng Zhao, CEO of Binance Opens Up About Bitcoin & Current Crypto Market Situation

In one of his blog posts posted on March 20, 2020, Changpeng Zhao, CEO of Binance shared his thoughts on the current situation in the crypto market. He isn't worried about the cryptocurrency at all. According to him, the fundamentals haven't changed and Bitcoin is still limited in supply whose demand is increasing, especially at this very moment.

Binance Follows Bybit in Appointing Top Compliance Official

Binance Follows Bybit in Appointing Top Compliance Official

Maxwell Baucus, former U.S. senator and ambassador to China, has joined Binance. The top official will become policy advisor and government liaison to the exchange. Given Baucus’s influence in US political circles, the move should support Binance’s expansion efforts within North America, where its Binance US platform operates.

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance Delists FTX Tokens Due to Crypto Users' Lack of Understanding

Binance, the world’s largest crypto exchange by trading volume, has made a tough decision to delist all FTX leveraged tokens, citing that customers did not understand how the tokens work. The exchange intends to shut off withdrawals and deposits for the assets on March 31 at 8 a.m. UTC and to stop trading at 10 a.m. on the same day. The decision has sparked mixed reactions. Some users support the decision while others want the leveraged tokens to remain on the crypto exchange platform.

Binance CEO: China is Setting the Precedent as a Blockchain Superhouse

Binance CEO: China is Setting the Precedent as a Blockchain Superhouse

Changpeng Zhao, commonly known as CZ, the CEO and founder of crypto exchange Binance, stipulated that the Chinese President’s calls will do wonders as they will instigate mass blockchain adoption.

Binance CEO Boosting the Super Exchange Ecosystem, With the Possibility of Adding Options

Binance CEO Boosting the Super Exchange Ecosystem, With the Possibility of Adding Options

Changpeng Zhao (CZ), CEO of Binance, one of the largest crypto exchanges in the world, has been speaking at multiple blockchain themed events in Singapore in mid-November. During these events, CZ has made new announcements regarding the company’s new partnerships and new products that will be rolling out.

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance to Launch UK Crypto Exchange to Meet Client Demand

Binance, the leading cryptocurrency exchange has announced that it will launch a regulated crypto trading platform in the UK, in the coming months. Binance.UK is planning to create a trading platform to allow retail and institutional investors to sell and buy cryptocurrencies using euros and pounds.

Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format

Facebook to Launch Libra Cryptocurrency in January 2021, But in Limited Format

According to a new developing story, Facebook expects to launch its Libra cryptocurrency in January next year, but in a limited format.

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

Malaysia’s Financial Regulator Says Binance is Not Authorized to Operate in the Country

The Securities Commission (SC) of Malaysia, the country’s financial regulator, has announced that Binance cryptocurrency exchange is not unauthorized to operate in the country. The financial watchdog has, therefore, put the crypto exchange on the list of unlicensed companies.

Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Our analysis predicts that the Bitcoin price could crash down to $8,000 following the rejection of the United States' second stimulus by Senate Democrats.

VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

VanEck, SolidX to Sell ‘Limited’ Bitcoin ETF to Institutions

VanEck and Solid X revealed that they have a workaround to bypass regulatory issues and are using an SEC exemption that will allow their product to be offered to institutions such as hedge funds and banks, but not to retail investors.

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