Binance
TechCrunch Minute: Where CZ’s sentencing leaves the state of crypto
Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict — too…
Changpeng Zhao, also known as “CZ,” the founder and CEO of crypto exchange Binance, has been sentenced to four months in prison. Six days ago, the US Department of Justice…
Nigeria demands Binance disclose top users, executives remain detained
Nigeria is actively seeking information from Binance regarding its top 100 users in the country and all transaction history spanning the past six months, according to a Financial Times report.…
What does crypto smell like? Ozone, salt and moss, according to Binance’s new fragrance, “CRYPTO.” Binance is the largest crypto exchange in the world by volume, but it is facing…
Binance to halt naira services amid ongoing regulatory probe in Nigeria
Binance will discontinue its naira (NGN) services in response to heightened regulatory scrutiny in Nigeria, it said in a blog post today. The cryptocurrency exchange will begin delisting any existing…
Crypto users in Nigeria briefly lose access to Binance, Kraken and Coinbase
Some cryptocurrency exchanges in Nigeria faced accessibility issues for users, prompting speculation of imposed restrictions on crypto sites, the Financial Times reported. On Wednesday, local media reported that Nigeria’s telecom…
Google pulls Binance, other global crypto apps from India store
Google pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India on Saturday in what is the latest blow to the world’s second largest internet market’s…
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Is India done with crypto?
Updated at 12.56 am, Saturday India Standard Time: Internet service providers in India are now also blocking Binance and other apps flagged to be operating “illegally” in the country. It wasn’t long ago when Indian venture capitalists were scrambling to establish their crypto credentials. ENS addresses adorned Twitter profiles. More…
Apple pulls Binance, Kraken, other crypto apps from India App Store
Apple has pulled apps of at least nine crypto exchanges, including Binance and Kraken, from its App Store in India, less than two weeks after most of these global firms…
Financial Intelligence Unit, an Indian government agency which scrutinizes financial transactions, said Thursday nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the…
Binance and CEO ‘CZ’ plead guilty to federal charges, agreed to pay $4.3B in fines
It’s been an eventful week for crypto exchanges and the U.S. government. Changpeng Zhao, also known as “CZ,” the founder and CEO of Binance, is stepping down and has pleaded…
After cutting ties with Binance, Checkout.com says crypto companies are about 4% of its total processing volume
Credit cards payment processor Checkout.com views crypto as a meaningful space for merchant relationships but needs to continue to focus on regulatory growth, according to Céline Dufétel, president and COO…
Coinbase ‘committed’ to India, but disables sign-ups amid regulatory roadblock
Coinbase said Monday that it has disabled new user sign-ups on its exchange product in India but remains committed to the country, where its operations have been in limbo for…
Checkout.com cuts ties with Binance, which is mulling legal action in response
Credit cards payments processor Checkout.com is no longer servicing Binance, the world’s largest crypto exchange, a spokesperson from the exchange told TechCrunch. “There is no impact on our services and…
Sequoia does to itself what the Biden administration wants to do with Google
Mary Ann and Alex are back, and once again this week they tapped the TechCrunch roster for expert input. This week the Equity crew were thrilled to…
The SEC’s situationship with Binance and Coinbase keeps getting messier
Unless you live under a rock, you know that the U.S. Securities and Exchange Commission came out guns blazing on Monday and Tuesday, by suing…
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Coinbase chief legal officer expects new crypto laws to come in wake of SEC lawsuits
Coinbase Chief Legal Officer Paul Grewal on the exchange’s plans amid SEC charges.
As SEC files motion to freeze Binance assets, crypto market remains green
A day after the SEC filed 13 charges against Binance and CEO Changpeng Zhao, as well as BAM Trading and BAM Management, it has requested a temporary restraining order to…
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After Binance, US SEC sues Coinbase for securities laws violations
The suit comes just one day after the SEC sued Binance, the largest crypto exchange in the world by volume, also over securities matters.
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SEC claims BNB and BUSD are securities, including major tokens like SOL, ADA and MATIC
This highlights the fact that the SEC has, once again, taken the stance that most cryptocurrencies (aside from Bitcoin) are securities.
SEC’s lawsuit against Binance and CEO Zhao was a matter of ‘when, not if,’ industry players say
A number of industry players shared similar sentiments that the SEC charges against Binance were unsurprising.
SEC sues Binance and CEO Zhao over alleged mishandling funds, lying to regulators
The SEC is accusing Binance, the world’s largest crypto exchange, its CEO Changpeng Zhao and BAM Trading and BAM Management, of lying to regulators about its operations, according to a…
Monthly crypto exchange volume tumbled in May, hitting 32-month low
Although there are a lot of builders in the crypto space, the total money being invested into the crypto market has hit 32-month lows in…
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Even as crypto exchanges exit Canada, Coinbase intends to play the ‘long game’
As crypto exchanges leave Canada amid new regulatory frameworks, a number of exchanges like Coinabse plan to stay in the market.
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Binance is banking big on M&A and VC deals
The world’s largest crypto exchange by volume, Binance, is making big bets on M&A this year, focusing on geographical gaps and customer base.
Binance.US sailed away from its $1.3B deal with Voyager, now what?
Welcome back to Chain Reaction. Earlier this week, Binance.US broke off its $1.3 billion deal to buy crypto broker Voyager Digital’s assets due to a…
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Are cryptocurrencies commodities or securities? Depends on which US agency you ask
As the CFTC and SEC diverge over whether cryptocurrencies are commodities or securities, market players feel confusion and want clarity.
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Binance CFTC suit shows that ‘regulators will keep regulating and regulate more’
Binance’s CFTC lawsuit may bring about more regulation for the crypto space and affect market players’ confidence.
Binance and CEO Changpeng Zhao sued by CFTC over trading and derivative violations
Binance, the world’s largest crypto exchange by volume; its CEO Changpeng Zhao; and Chief Compliance Officer Samuel Lim, are being sued by the U.S. Commodity Futures and Trading Commission, according…
Crypto giant Binance resumes withdrawals and spot trading after glitch caused outage
Binance has temporarily suspended all spot trading, deposits and withdrawals on the world’s largest crypto exchange citing an “issue.”