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Binance

Binance.US Appoints Uber’s Brian Shroder as President Ahead of IPO

BinanceUS, a leading cryptocurrency exchange, just appointed one of Uber's former key players, Brian Shroder, as president and board member. This follows Changpeng Zhao's...

Binance to Stop Operating in Singapore

Binance announced updates to its Singapore services on Sunday. According to the company, in order to “remain compliant with local regulators,” it will stop...

Binance.US Is Preparing for IPO

Changpeng Zhao CEO of Binance group revealed that Binance’s U.S could be going public in three years Changpeng Zhao, the founder and CEO of Binance,...

Binance Hits back at South Africa Regulators Says They Don’t Have Jurisdiction Over Crypto

The Financial Sector Conduct Authority (FSCA) of South Africa issued a public warning on Friday, stating that Binance Group, the owner of the world's largest cryptocurrency exchange, is "not authorized to give any financial advice or render any intermediary services in terms of the Financial Advisory and Intermediary Services Act." In response to a warning from South Africa's Financial Sector Conduct Authority, Binance, a major cryptocurrency exchange, has stated that it is in conformity with local regulators and does not provide financial advice or intermediary services to residents. "Binance promptly answered, "We don't acknowledge your authority in any case." The exchange further denied charges that South Africans used the Binance South Africa Telegram channel to obtain access to the crypto exchange's services, claiming that the online community promoted blockchain education but did not offer financial advice or services. The exchange stated, “Binance.com is registered with the FIC as a voluntary self-disclosure institution.”  “Binance complies with the FIC Act responsibilities related to establishing and confirming customer identities, maintaining records,and reporting suspicious or anomalous transactions.”  The FSCA warned the South African public to be cautious of any investments involving Binance Group, which it characterised as a “international company” based in the Seychelles. However, according to Binance's statement, the corporation has no linked organisation in the archipelago nation with that name.

Binance Violated Payment Services Act said Financial Regulator of Singapore

The Financial Regulator of Singapore said Binance could violate the Payment Services Act to provide payment services and attract business from local residents without...

Why Crypto Exchange Tokens Outperforming BTC?

The August resumption of the cryptocurrency market appears to be continuing on Monday, August 23, when the bitcoin sample value hit $50,000 for the...

UK Bans Worlds Largest Crypto Trading Platform Binance

The UK authorities issued a warning to Binance Markets Limited and the Binance Group that Binance Markets Limited is unable to operate in the...

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