Binance To launch Cryptocurrency Exchange In South Korea
To start a digital asset exchange in South Korea, Lee Woong-yeol, the honorary chairman of the company Kolon, has teamed up with Binance. A virtual asset trading platform is being developed in South Korea by the honorary chairman of the Kolon company, according to local news reports in Korea. According to certain accounts, Lee Woong-yeol […]
ASIC reviews Binance Australia Derivatives over account closures
Australian Securities and Investments Commission (ASIC) is reviewing Binance Australia Derivatives a day after its sent notifications of account closures to users. Binance Australia Derivatives delivered an unexpected notice to a subset of customers on February 23, informing them that their accounts will be closed immediately owing to the incorrect categorization of certain users as […]
Binance Close Derivative Positions Of Some Australian Users
According to its statement, Binance said that it had notified the affected users and promised to fully make up for any losses. The “limited number of Australian users” whose derivatives positions were cancelled by Binance were misclassified by the cryptocurrency exchange as “wholesales investors,” according to Binance. The cryptocurrency exchange said that by alerting the […]
Binance, Ingenico begin crypto payments in France
Binance, has partnered France-based global payments giant Ingenico to offer in-store crypto payments in France using Binance Pay. On February 22, Binance tweeted about the collaboration, saying that it had teamed up with Ingenico to make it simpler for users to complete transactions using Binance Pay.The partnership was hailed by Binance as a development in […]
United States Congress To Look Into Binance.US
According to statements from a senator, U.S. Congress may hold inquiry into Binance.US. over its connection to Merit Peak. A senator was quoted by Reuters on February 17 as saying that the U.S. Congress should conduct an investigation into Binance.US. Senator Roger Marshall stated: “Something fishy is going on here that clearly doesn’t pass the […]