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Binance is a cryptocurrency exchange that is the largest exchange in the world in terms of daily cryptocurrency trading volume. Founded in 2017 and registered in the Cayman Islands. Binance was founded by Changpeng Zhao, a developer who previously created high-frequency trading software. Binance was originally based in China, but later moved its headquarters outside of China due to the tightening of cryptocurrency regulation by the Chinese government.
Binance Labs, venture capital arm of the Binance exchange, with investable assets of approximately $10 billion, invested in seven projects: Ethena Labs, Derived, Shogun, UXUY, Cellula, NFPrompt and QnA3. The diversification shows how differently Binance is committed to considering each sector that can drive long-term sustainable growth. T he investments are “bets on startups” that were featured in […]
Binance withdraws its application for a crypto license in Germany. The background is changes in the market and the regulations. Conflicts with the German financial regulator BaFin were already apparent in advance. Uniform requirements through the new law MiCA wants to use the crypto exchange to get the license soon anyway. Why crypto exchange is withdrawing the crypto […]
Concern about Binance is spreading. Rumor has it that management is fleeing the company. The background to this is regulatory conflicts that are constantly increasing. The management staff is dissatisfied with the reaction of the managing director CZ and is therefore now pulling the ripcord. Those affected deny the thesis. Binance: Is management fleeing the company? Is the management […]
Another blow hits Binance. An important partner bank in the euro area distances itself from the crypto exchange. Existing problems of the world market leader could deepen in this way. The background is apparently the smoldering regulatory conflict in the USA. Binance under pressure Another blow hits Binance Another blow hits the crypto exchange Binance. The world market leader […]
It is a hard blow for the world’s largest crypto exchange Binance: According to exclusive information from “Finance FWD”, the German financial regulator BaFin has denied the company the coveted license. A refusal that significantly slows down the company’s expansion plans in Germany. No BaFin license for Binance in Germany Jonas Jiinger, who took over as […]
Brazil raises allegations against Binance. The world’s largest crypto exchange is exposed to regulatory attacks in more and more countries. The South American state suspects deliberate involvement in multiple fraud. That is why Brazil is now making allegations against Binance The drama surrounding the world’s largest crypto exchange Binance does not stop. Now another country, Brazil, is making allegations against […]
Binance reaches settlement with SEC. Binance.US assets will not be frozen. Nevertheless, the damage to the marketplace is already enormous. The company believes that this did not happen by accident. The lawsuit of the US authority has not yet been dismissed. The company reaches settlement with SEC The crypto exchange reaches an agreement with the US Securities and Exchange Commission. The […]
A number of senior executives tasked with driving Binance European business have left the company in recent months, according to a report by financial magazine FFWD . The world’s largest crypto exchange is currently in the sights of the American financial regulator SEC because of allegations that customer funds were mixed with their own funds. Binance: European top […]
US Securities and Exchange Commission (SEC) Chairman Gary Gensler said at a conference he attended following back-to-back lawsuits against Binance and Coinbase that the “crypto sector is full of dealers and scammers.” Gary Gensler: «Crypto sector full of dealers, cheaters and scammers» Gary Gensler, who attended the Piper Sandler Global Exchange & FinTech Conference online in New York, said most cryptocurrencies […]
SEC paving way for total surveillance? Crypto giant Charles Hoskinson is concerned and calls on the scene for solidarity. A small group of decision-makers are trying to deprive people of their freedom – evidence of this can be found in the lawsuit against Binance. SEC paves way for total surveillance? Hoskinson worried SEC paving way for total surveillance? Crypto […]