Binance exchange and its founder, Changpeng Zhao (CZ), secured a legal win after a U.S. Court dismissed all claims on cryptocurrency transactions allegedly linked to 64 terrorist attacks globally between 2017 and 2024. The court ruled that the plaintiffs failed to prove that Binance knowingly supported the attacks. According to
Binance is shifting its growth strategy toward regulated expansion, aiming to secure more new Asia crypto licenses as it deepens local market integration and a stronger share of APAC’s rapidly growing crypto market. According to a report by Nikkei Asia, Binance’s regional head for Asia-Pacific, SB Seker, said the company
The Senate Democrats from the U.S. Senate issued a formal letter requesting that the Department of Justice and the Treasury Department conduct a comprehensive investigation into Binance’s sanctions compliance and illicit finance controls. The lawmakers are concerned regarding reported transaction flows to entities affiliated with sanctioned Iranian groups. The senators
A U.S. court decision prohibits Binance from requiring customers to arbitrate the crypto loss claims. The ruling demonstrates the legal scrutiny that cryptocurrency exchanges have to deal with in order to protect customers by permitting investors ans asked to file claims in court rather than through private arbitration. In Manhattan,
A change in the derivatives flow of Ethereum on Binance is initiating to hint at a probable shift in market structure, even as ETH itself is in a corrective phase. As per the CryptoQuant contributor Darkfost, the Taker Buy Sell Ratio is not flashing the same determined sell-side aggression that
Yesterday’s green wave failed to sustain the gains. Today, the bears took back control, sending downside pressure across the crypto assets. Hence, both green and red charts are found in the market. The largest assets, like Bitcoin (BTC) and Ethereum (ETH), hover at $67.6K and $2K. Meanwhile, BNB, the native
The aim is to eventually expand across the European Union, and Binance has decided to make Greece its home base in the region. The compliance license is yet to be issued, but the crypto exchange platform is confident of strengthening its compliance practice. In fact, the Co-CEO has even called
U.S. Senator Richard Blumenthal publicised a formal Senate inquiry into Binance after the latest news reports unveiled that the world’s biggest cryptocurrency exchange reportedly facilitated around ₹1.7 billion in transactions associated with sanctioned Iranian bodies and Russia’s so-called “shadow fleet” of oil tankers. The ranking member of the Senate Permanent
The crypto market is in a bloodbath today, as it falls around 4% today, with the total market cap slipping toward $2.26 trillion. While the fear and greed index rose slightly to 14, from last week’s 12, it remains in the extreme fear zone, as Bitcoin, Ethereum, and most altcoins
Binance, a prominent crypto exchange, has mentioned that it has prominently suppressed exposure to sanctioned bodies and high-risk jurisdictions, comprising exposure to Iran since January 2024. On February 23, Binance posted a blog titled “Setting the record straight” that mentioned its sanctions-associated exposure as a percentage of the overall exchange
