Regulatory Victory: Binance Awarded Full Virtual Asset Service Provider License In Dubai | Bitcoinist.com

Categories
Binance, Binance Coin (BNB), Binance In Dubai, Binance news, BNB, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Dubai Regulators, US crypto regulation

Dubai, known for its forward-thinking approach and embracing the potential of blockchain technology, has granted Binance’s Dubai entity, Binance FZE, a full Virtual Asset Service Provider (VASP) license.  Opening Doors For Retail And Institutional Investors According to a local media report, the VASP license obtained by Binance FZE allows the company to expand its offerings […]

Binance’s $4.3 Billion Settlement Faces DOJ Scrutiny Over FTX Ties In Monitorship Decision | Bitcoinist.com

Categories
Binance, Binance America, Binance Coin (BNB), Binance news, Binance settlement, BNB, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, US crypto regulation

In recent developments, the US Department of Justice (DOJ) has been reevaluating its choice of law firm to oversee the cryptocurrency exchange Binance as an independent monitor.  The decision concerns the firm’s previous work for the now-bankrupt FTX exchange. The monitorships were part of the $4.3 billion deal in which Binance pleaded guilty to violating […]

Binance CEO’s Thrilling Revelation Sets New Course For Global Headquarters Strategy | Bitcoinist.com

Categories
Binance, Binance CEO, Binance Coin, Binance Coin (BNB), Binance crypto, Binance crypto exchange, Binance news, BNB, bnb analysis, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, US crypto regulation

In a recent interview with CNBC, Binance’s CEO, Richard Teng, addressed the company’s “cultural issues” and its commitment to compliance following a $4.3 billion fine settlement with the US Department of Justice (DOJ).  Teng also highlighted Binance’s transition to “greater maturity” and plans for the potential establishment of a global headquarters, the lack of which […]

Binance Executive’s Tax Evasion Case In Nigeria Postponed, Hearing Set For April 19 | Bitcoinist.com

Categories
Binance, Binance Coin (BNB), Binance lawsuit, Binance news, BNB, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, crypto crackdown, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Nigeria crypto

In a recent development, a Binance executive detained in Nigeria on tax evasion charges has had his case adjourned until April 19, following his first appearance in court.  Tigran Gambaryan, the head of financial crime compliance at Binance, was accused alongside the company of various charges, including non-payment of value-added tax and corporate income tax […]

Binance Denies Decision-Making Power Of Detained Executive In Nigeria Amid Mounting Charges | Bitcoinist.com

Categories
Binance, binance analysis, Binance Coin, Binance Coin (BNB), Binance news, BNB, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency

Binance, one of the world’s largest cryptocurrency exchanges, is entangled in a complex situation in Nigeria. With no resolution in sight, the exchange has finally issued an official statement regarding its detained executive, Tigran Gambaryan, who faces money laundering charges after five weeks in custody.  As the Nigerian government introduces additional charges against Binance, the […]

Binance Establishes First-Ever Board Of Directors Following Legal Setbacks | Bitcoinist.com

Categories
Binance, Binance Coin (BNB), Binance lawsuit, Binance news, BNB, BNB Coin, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, US crypto regulation

Binance, the world’s largest cryptocurrency exchange by trading volume, has taken a significant step towards reshaping its operations by appointing a board of directors for the first time. This move comes after the exchange pleaded guilty last year to US charges related to anti-money laundering (AML) and sanctions violations.  Binance Unveils Inaugural Board Of Directors […]

Detained Binance Executive Tigran Gambaryan Seeks Justice, Sues Nigerian Government | Bitcoinist.com

Categories
Binance, Binance Coin (BNB), Binance lawsuit, Binance news, Binance Nigeria, BNB, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, Cryptocurrency, DeFi, digital currency, Nigerian government

Amid Nigeria’s crackdown on cryptocurrency activities, one of the detained Binance executives, Tigran Gambaryan, has taken legal action against Nigeria’s National Security Adviser (NSA) and the Economic and Financial Crimes Commission (EFCC), alleging a violation of his basic human rights.  Gambaryan, who serves as Binance’s Head of Financial Crime Compliance, was arrested in February along […]

SEC Declares Binance A ‘Threat’, Imposes Access Restrictions On Philippine Users | Bitcoinist.com

Categories
Binance, binance analysis, Binance Coin, Binance Coin (BNB), bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Philippines, Philippines crypto, Philippines SEC

The Philippines Securities and Exchange Commission (SEC) has taken a significant regulatory step by blocking local access to Binance, the world’s largest cryptocurrency exchange by trading volume.  According to a release issued by the regulator on Monday, the SEC’s decision was based on Binance’s failure to obtain the necessary license from the commission to operate […]

Binance Adopts Stricter Token-Listing Framework Amid Regulatory Headwinds | Bitcoinist.com

Categories
Binance, binance analysis, Binance Coin (BNB), Binance news, BNB, BNB Coin, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, Crypto regulation, Crypto Regulations, Cryptocurrency, DeFi, digital currency, US crypto regulation

Binance, the world’s largest cryptocurrency exchange by trading volume, has reportedly introduced stricter requirements for listing new digital tokens. The move aims to strengthen investor protection against “rug pulls,” or fraudulent tokens, and address concerns about the alleged “lack of oversight” of token listings in the crypto industry.  According to Bloomberg, the changes began rolling […]

Crypto Redemption: US Attorney’s Office Takes Action, Seeks Return Of $2.3M To 37 Scam Victims | Bitcoinist.com

Categories
Binance Coin (BNB), Cardano (ADA), Circle USDC, Crypto, Crypto News, Crypto regulation, cryptocurrencies, Cryptocurrency, DeFi, digital currency, Ethereum (ETH), solana, Tether (USDT), TRON (TRX), US crypto, US crypto market, US crypto regulation

In a recent development, the United States Attorney’s Office in Massachusetts has taken legal action to reclaim $2.3 million in crypto assets and return it to 37 victims who fell prey to online scams and fraud.  The civil forfeiture action aims to forfeit various cryptocurrencies, including Circle’s USD Coin (USDC), Tether (USDT), Tron (TRX), Solana […]

Binance Faces These Regulatory Obstacles In Re-Entering The UK Market, Report | Bitcoinist.com

Categories
Binance, Binance Coin (BNB), Binance news, Binance UK, BNB, BNB Coin, BNB news, BNB Price, Crypto, Crypto News, Crypto regulation, Crypto Regulations, cryptocurrencies, Cryptocurrency, DeFi, digital currency, U.K. crypto regulation, UK crypto regulation, UK crypto regulations, UK regulation

According to a Bloomberg report, Binance, the world’s largest cryptocurrency exchange by trading volume, is encountering obstacles to re-enter the United Kingdom (UK) market.  Local partners in the UK have reportedly shown reluctance to work with Binance due to “regulatory opposition,” hampering the exchange’s plans to regain a foothold in the country. UK Firms Reject […]

Binance Faces Lawsuit From Hamas Hostage And Victims’ Families | Bitcoinist.com

Categories
Binance, Binance America, Binance CEO, Binance CEO Zhao, Binance Coin (BNB), Binance lawsuit, Binance news, BNB, BNB news, BNB Price, bnbusd, bnbusdt, Crypto, Crypto News, cryptocurrencies, Cryptocurrency, DeFi, digital currency

In a significant development, an American mother who was taken hostage by Hamas in Gaza, along with the relatives of two men who lost their lives in a terrorist attack, has filed a lawsuit against cryptocurrency exchange Binance.  According to a Bloomberg report, the lawsuit filed in a federal court in Manhattan alleges that Binance […]