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Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in Ontario

Binance Informs Canadian Regulator It’s ‘Committed’ to Ceasing Crypto Trading Services in OntarioCryptocurrency exchange Binance has informed the Ontario Securities Commission (OSC) that it is committed to ceasing opening new accounts for Ontario residents and winding down certain services to comply with regulations. Binance Promises to Increase Efforts to Comply With Regulation Cryptocurrency exchange Binance sent a letter to the Ontario Securities Commission (OSC) Wednesday. In the […]

Price analysis 11/25: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX

Binance Makes Regulatory Compliance Top Priority as the Crypto Exchange Pivots Into Financial Services Company

Binance Makes Regulatory Compliance Top Priority as the Crypto Exchange Pivots Into Financial Services CompanyGlobal cryptocurrency exchange Binance has made regulatory compliance its top priority. The exchange is on a hiring spree to “significantly” add to its compliance and legal teams. “We are going through a pivot from a technology innovator into a financial services company, so we need to be fully compliant,” said the CEO of Binance. Binance’s […]

Price analysis 11/25: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX

Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory Scrutiny

Binance US CEO Steps Down as the Crypto Exchange Faces Rising Regulatory ScrutinyFormer acting Comptroller of the Currency Brian Brooks has resigned as the CEO of Binance U.S. after just over three months. He cited “differences over strategic direction.” Meanwhile, Binance is facing regulatory scrutiny worldwide, including in the U.K., Malaysia, Japan, Cayman Islands, Hong Kong, Thailand, Germany, and Lithuania. CEO of Binance US Resigns The CEO […]

Price analysis 11/25: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX

India Reportedly Investigating Binance in Chinese Money Laundering Case

India Reportedly Investigating Binance in Chinese Money Laundering CaseIndian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global cryptocurrency exchange Binance had any role in a Chinese money laundering scheme involving betting apps, local media […]

Price analysis 11/25: SPX, DXY, BTC, ETH, SOL, BNB, XRP, DOGE, ADA, AVAX