The largest supplier of blockchain and cryptocurrency infrastructure in the world, Binance, is happy to announce that its worldwide platform and technology services have successfully completed the System and Organization Controls (SOC) 2 Type II compliance audit. This accomplishment is the most recent manifestation of the organization’s steadfast dedication to
Binance, the global cryptocurrency exchange behemoth, and its former CEO, Changpeng Zhao (CZ), have launched a strong counteroffensive against the U.S. Securities and Exchange Commission (SEC). The move comes as a response to the SEC’s allegations, where the regulatory body accused the exchange of 13 securities law violations, including the
Spot market share for crypto exchange Binance has been falling over the last year due to the company’s involvement in a number of regulatory investigations that led to the exit of Binance’s CEO and founder, Changpeng Zhao (CZ). Based on data given by CCData, Binance’s market share as of December
An on-chain data analytics company Kaiko Research observed a spike in Coinbase’s market share after Binance reached a massive multi-billion-dollar settlement with US authorities last week. Binance and the US DoJ settled anti-money laundering claims to the tune of $4.3 billion on November 21. According to research company Kaiko Research,
During a recent Ask Me Anything (AMA) session on Twitter, Binance’s new CEO, Richard Teng, discussed his vision, answered user questions, and laid out the company’s future plans. At the same time, Teng thanked users for their support and spoke about Binance’s dedication to security, users, and worldwide compliance requirements.
The first cryptocurrency triparty agreement in history has been performed successfully by Binance, the global blockchain ecosystem that powers the biggest cryptocurrency exchange based on trading volume, in collaboration with a third-party banking partner. With this option, institutional investors may retain trade collateral in the custody of a third-party banking
The Philippines SEC has reported that crypto exchange Binance has been operating illegally in the country. On November 28, the Securities and Exchange Commission (SEC) of the Philippines warned the public that Binance does not have the necessary authorization to sell or offer securities in the nation. In order to
The world-renowned footballer Cristiano Ronaldo is embroiled in a class action lawsuit that claims he caused investor losses via promotion of the crypto exchange Binance. Ronaldo is accused of encouraging and taking part in the sale of unregistered securities on the Binance exchange in a complaint that was filed in
Along with his resignation as CEO of Binance, Changpeng Zhao (CZ) will also be stepping down as head of the board of directors for Binance US, an exchange established in the U.S. Following the announcement of a $4.3 billion settlement between U.S regulators and Binance and CZ on November 21,
Richard Teng, Binance’s newly selected CEO, has recently provided briefings in which he discusses the exchange’s strategic actions and his own activities. His most recent post on twitter, however, provides insight into the exchange’s goals in the dynamic Web3. Notably, Teng defines Binance’s dedication to users and cooperation inside the
