Good news: euro payments, deposits and withdrawals have been restored. Bad news: the Head of Binance U.K. has now left the building, Visa and Mastercard have terminated their Binance Card partnerships.
Binance.US has updated its Terms of Use to remove support for USD deposits and withdrawals. Meanwhile the global exchange has stopped accepting new users in the U.K.
Over recent months, Binance, Coinbase and the U.S. regulators have been exchanging caustic statements via court filings, mainly repeating the same old song about authority limits and alleged legal violations.
Over recent months, Binance, Coinbase and the U.S. regulators have been exchanging caustic statements via court filings, mainly repeating the same old song about authority limits and alleged legal violations.
Good news: euro payments, deposits and withdrawals have been restored. Bad news: the Head of Binance U.K. has now left the building, Visa and Mastercard have terminated their Binance Card partnerships.
Binance.US has updated its Terms of Use to remove support for USD deposits and withdrawals. Meanwhile the global exchange has stopped accepting new users in the U.K.
As the Binance vs SEC hearing lumbers on, the parties struggle to agree on discovery requests and dispositions, and Circle was admitted as a 'friend of the court'.
Lately, Binance and its U.S. affiliate have faced multiple troubles partially connected to ongoing investigations by the SEC and CFTC. Let’s have a closer look at the latest setbacks and successes of the embattled exchange.
Binance is likely to leave Georgia soon due to registration issues. This adds to a series of setbacks, including the end of its partnership with Mastercard and Visa.
In addition to its other compliance-based troubles, Binance is also under investigation in connection with possible violations of the U.S. sanctions on Russia. Local observers report on interesting ways the exchange circumvents the restrictions.
