Binance Instructs Prime Brokers to Screen US Investors
Binance instructs prime brokers, such as FalconX and Hidden Road, to collect detailed customer information to strengthen compliance and regulatory initiatives. Binance reportedly instructed prime brokers to conduct stronger verification measures to prevent US investors from accessing the cryptocurrency exchange. The repercussions of the plea agreement reached with US authorities last year have prompted this action. […]
Binance Investigates BOME Insider Trading, Offers $5M For Leads
Binance launched an investigation into the BOME insider trading case after the meme crypto’s price underwent significant fluctuations in the wake of its recent listing. Binance, a renowned cryptocurrency exchange, has launched an extensive inquiry into charges involving the Book of Meme (BOME) cryptocurrency, a Solana-based meme coin. These speculations originated from the “BOME rat warehouse” […]
Binance Announces $5M Reward for Tip-offs on Insider Trading
Binance crypto exchange intends to pay individuals with a pledge of $100,000 to $5 million for information about insider trading or corruption within the exchange. Binance announced on March 16 that it would incorporate the Solana-based memecoin Book of Meme (BOME) into its exchange portfolio. The Turkish lira, Bitcoin, Tether, and First Digital USD were […]
Nigerian Gov’t Pressures Binance for Data of Top 100 Local Users
The Nigerian government is pressuring Binance to disclose the identities of its top 100 users within the country amid an ongoing assault on the exchange while also seeking a $10 billion fine from Binance. The Financial Times reported on March 13 that Nigerian authorities requested Binance disclose their transaction history for the previous half-year, in […]
Binance Announces Delisting of BNB And TUSD Spot Trading Pairs
Recent actions taken by Binance include the delisting of a number of spot trading pairs that quote in BNB and TUSD. Binance, the preeminent cryptocurrency exchange, has declared the elimination of several spot trading pairs in an effort to preserve market quality and safeguard its users. As quote currencies, the delisting impacts spot trading pairs […]