Binance has taken another legal action in its ongoing battle with the United States Securities Exchange Commission (SEC). On August 14, 2023, the exchange submitted a motion requesting a protective order against the regulator. The motion, filed by BAM Trading, Binance's U.S. operational entity, seeks to address what Binance perceives ...
On August 8, 2023, Binance announced that it had been granted a licence to offer crypto services to residents of El Salvador. With these regulatory approvals, Binance can now provide tailored cryptocurrency products and services in the country. #Binance is now El Salvador’s first fully licensed crypto exchange! 🇸🇻 With ...
Binance is making a strategic return to the Japanese market with the launch of a dedicated platform designed specifically for local customers. This move comes after five years of absence. The exchange closed its operations in Japan back in 2018 after it failed to win over the regulators. Binance's re-entry ...
Binance, through its subsidiary, Binance FZE, has successfully acquired an Operational Minimum Viable Product licence from Dubai's Virtual Assets Regulatory Authority (VARA). In a blog post on July 31, 2023, the exchange announced that VARA had granted it the necessary authorization to provide virtual asset exchange services and virtual asset ...
On July 27, 2023, attorneys representing Binance and its CEO, Changpeng Zhao filed a motion to dismiss the lawsuit filed both parties by the U.S. Commodity Futures Trading Commission (CFTC). The attorneys claimed that the lawsuit is CFTC's attempt to extend its regulatory authority beyond the United States and exert ...
Binance has made a significant move in its quest to expand its European operations by withdrawing its application for a cryptocurrency license in Germany. The decision comes after allegations that the German Federal Financial Supervisory Authority (BaFin) rejected their custody license application on June 29, 2023. Initially, there was uncertainty ...
Binance has successfully concluded the public sale of ARKM tokens for Arkham Intelligence. The sale, which was conducted on Binance Launchpad, achieved its targeted hard cap of $2.5 million, showcasing substantial investor interest. Binance's data reveals an overwhelming response, with a staggering oversubscription rate of 990 times. The public sale ...
Binance has announced the successful integration of the Bitcoin Lightning Network into its platform. Its users now have access to the layer-2 scaling solution for seamless BTC withdrawals and deposits. #Binance has completed the integration of Bitcoin ( #BTC ) on the Lightning Network and deposits and withdrawals are now ...
Binance has announced a new token sale project on its Launchpad platform. This token sale will feature Arkham (ARKM), a blockchain analytics platform offering insights into on-chain cryptocurrency market activities. The sale of Arkham tokens will have an overall hard ceiling of $2.5 million. During the sale, participants will be ...
Binance users will be required to generate new wallet addresses in the coming months as the crypto exchange has announced its plans to implement a comprehensive update to its wallet infrastructure. The new update is aimed at enhancing efficiency and strengthening fund security on the exchange. However, as a result ...
