Binance

Markets in Crypto Assets (MiCA) regulation, inscribed in the Official Journal of the European Union on June 9, is expected to be enacted by Dec. 30, 2024. Certain provisions will even be brought into play six months in advance, on Jun. 30, 2024. MiCA, ratified on May 31, paves the way for a...

Binance CEO Changpeng Zhao, also known as CZ, on Wednesday, issued a stark warning to his employees after the Securities and Exchange Commission (SEC) leaked damning chat logs during an ongoing lawsuit. What Happened:  Zhao instructed staff to be mindful of their internal communications,...

Binance.US on Thursday announced that its banking partners will stop processing its dollar payments, starting early next week. What Happened:  This news comes just days after the Securities and Exchange Commission (SEC) announced a lawsuit against the firm as well as Binance and its CEO,...

Two U.S. senators, Elizabeth Warren (D-Mass.) and Chris Van Hollen (D-Md.), have urged the Department of Justice to look into allegations that Binance Holdings Ltd. (CRYPTO: BNB) may have been dishonest about its operations and structure in communications with lawmakers. Questions Raised About...

CNBC "Mad Money"  host Jim Cramer, on Wednesday, came under fire for his criticisms of cryptocurrency exchange platforms Binance and Coinbase. In light of the recent lawsuits filed by the Securities and Exchange Commission (SEC) against both platforms, Cramer has been heavily critical of their...

Ark Investment Management CEO Cathie Wood declared that Coinbase Inc (NASDAQ:COIN), the world’s second-largest cryptocurrency exchange, is poised to benefit given that rival exchange, Binance Holdings, is facing regulatory issues in the U.S. What Happened: Wood believes the disappearance of...

Securities and Exchange Commission (SEC) Chair Gary Gensler, who has been cracking down on crypto companies, allegedly offered to serve as an advisor to Binance’s parent company in 2019, according to lawyers representing Binance and its founder Changpeng Zhao. What Happened: Documents filed...

Binance CEO Changpeng "CZ" Zhao said on Wednesday he is not required to attend court in person, responding to news about his summons linked to a lawsuit lodged by the U.S. Securities and Exchange Commission (SEC). CZ clarified this development was standard...

Binance CEO Changpeng Zhao and Coinbase (NASDAQ:COIN) CEO Brian Armstrong have lost a good chunk of their personal wealth following recent accusations by the  Securities and Exchange Commission (SEC) of violating securities regulations. What Happened: According to Bloomberg's Billionaires' Index,...

In the wake of the recent action taken by the Securities and Exchange Commission (SEC) on major cryptocurrency exchanges Binance and Coinbase, Senator Cynthia Lummis (R-Wyo.) has taken a swipe at the SEC, claiming that it has failed institutions in the cryptocurrency space. What Happened: Lummis on...

The former CEO of Twitter, Jack Dorsey believes that Ethereum (CRYPTO: ETH) is a security.  What Happened: Dorsey was responding to a Twitter user who asked Dorsey "is ETH a security." To which, Dorsey said "Yes". This came at a time when the Securities and Exchange Commission (SEC) filed charges...

An investor in the digital asset space is speaking out after the SEC announced it is suing leading cryptocurrency exchange Binance. Here’s what SkyBridge Capital co-founder Anthony Scaramucci had to say. What Happened: The SEC announced it is suing Binance and its founder Changpeng Zhao for...

Securities and Exchange Commission (SEC) Chair Gary Gensler said the U.S. does not require additional digital currencies amidst ongoing legal action by the SEC against prominent crypto exchanges Binance (CRYPTO: BNB) and Coinbase Global Inc. (NASDAQ: COIN) for purportedly operating...

The U.S. Securities and Exchange Commission alleges that Binance and Coinbase Global (NASDAQ: COIN) violated various securities rules regarding cryptocurrency activities. The lawsuit, filed Tuesday morning, inspired Twitter brass — co-founder Jack Dorsey and owner Elon Musk — to...

Notwithstanding the market volatility following the Securities and Exchange Commission's (SEC) charges against Binance for purported violations of the nation's securities laws, blue-chip firms and institutional investors are lapping up the opportunity to purchase tokens at...