A recent tweet states that Binance’s U.S. division faces challenges finding a suitable new banking partner. The objective is to see a financial institution that can securely handle the cash deposits made by Binance users. Binance’s U.S. arm is actively searching for a new banking partner after the recent collapse
Tron founder Justin Sun has taken to Twitter to address recent rumors regarding a potential acquisition of Huobi Global by Binance. In a tweet, Sun clarified that he had not proposed any offer to Binance CEO Changpeng Zhao (CZ) regarding the purchase of Huobi Global, nor have they discussed Huobi
Dubai and the UAE have officially requested further information from Binance on the company’s auditing procedures and ownership structure. More crypto regulation has prompted the request, Bloomberg reports, from firms looking to get a crypto license. As per sources, the requests are due to the massive FTX collapse that occurred
Binance, a popular cryptocurrency exchange, has been the target of regulatory scrutiny and a lawsuit from the US Commodities and Futures Trading Commission (CFTC) in the last month on allegations that it violated the CFTC’s derivatives rules. As a result, Binance saw a significant reduction in its market share of
The cryptocurrency market has been abuzz with a recent rumour from an anonymous source claiming that Changpeng Zhao (CZ), the CEO of the world’s top cryptocurrency, has allegedly received a Red Notice from Interpol. The rumour about the Interpol Red Notice issued for Changpeng Zhao (CZ), the CEO of Binance,
Binance, a leading cryptocurrency exchange, and its CEO, Changpeng Zhao (CZ), have lately faced a number of difficulties. Only a few days after the Commodity Futures Trading Commission (CFTC) filed an action against Binance, the cryptocurrency exchange is embroiled in another high-profile legal dispute. On the evening of March 31st,
Despite recent US governmental crackdowns on crypto businesses and accompanying uncertainties, Bitcoin’s price temporarily surpassed $29,000 on March 30. Bitcoin hit $29,159, the highest price since before the FTX cryptocurrency exchange went down in early November 2022, according to CMC. Despite a number of regulatory crackdowns in recent days. Including
The crypto regulatory landscape is witnessing the most crucial disputes of all time. On Monday, the US Commodity Futures and Trading Commission (CFTC) pulled Binance into a lawsuit, accusing the exchange’s compliance system — calling it a “sham.” Markedly, Binance CEO Changpeng Zhao (CZ) recorded his reply to the regulator
According to the most recent SEC filings by MicroStrategy, has increased its Bitcoin holdings. This accumulation, however, occurred when three cryptocurrency-friendly banks in the United States went bankrupt within a week of each other. According to the reports, MicroStrategy acquired 6,455 Bitcoins between February 16, 2023, and March 23, 2023.
Blockchain and other new generations of information technology innovation continue to make significant progress, while the metaverse and Web3 concepts are developing at a high speed. Research shows that France is one of the top countries attracting blockchain talent and French tech startups set a new record with 13.5 billion
