Binance has exited multiple European countries despite its stated intentions to focus on compliance with MiCA regulations. Meanwhile, the company became the first to obtain an operational license for providing exchange services in Dubai and re-entered the Japanese market with a licensed entity.
Following Ripple’s partial victory against the SEC crypto firms are no longer running scared… so the regulator is now trying to put the willies up any accountancy firm willing to work with the crypto industry.
Binance has exited multiple European countries despite its stated intentions to focus on compliance with MiCA regulations. Meanwhile, the company became the first to obtain an operational license for providing exchange services in Dubai and re-entered the Japanese market with a licensed entity.
Following Ripple’s partial victory against the SEC crypto firms are no longer running scared… so the regulator is now trying to put the willies up any accountancy firm willing to work with the crypto industry.
Binance-supported and Justin Sun-linked True USD has bucked the trend for more transparency in the stablecoin market, as full control of reserves and private keys has now passed to mysterious offshore owner Techteryx. Should we be concerned?
Binance appears to be facing a management crisis as several executives from the legal and compliance units have resigned amid regulatory investigations.
Binance, the world's largest crypto exchange, is being investigated in France for alleged money laundering, just one year after receiving regulatory approval in the country.
In support of its emergency action to freeze Binance.US’s assets, the SEC filed additional details showing that the company had moved $70 billion through Silvergate and Signature banks from 2019 to 2023.
