US Court Approves SEC, Binance.US Agreement
The proposed agreement between Binance, Binance.US and the US SEC to limit access between corporations was signed by Judge Amy Berman Jackson. This agreement aims to limit access between the companies. The agreement specifies that only Binance.US staff will have access to customer assets on the US-based cryptocurrency exchange. Binance Global will deny executives access […]
Binance.US Reportedly Cuts 50 Staff Following SEC Charges
Binance.US, the American counterpart of Binance, recently laid off approximately 50 employees from its legal, compliance, and risk departments. This decision comes from regulatory accusations of securities law violations against the company. According to sources and employee social media posts, Binance.US has initiated a series of staff reductions. The allegations have also led to a […]
Court Orders SEC, Binance.US to Negotiate Compromise
United States District Judge Amy Berman Jackson has ordered Binance.US and the United States Securities and Exchange Commission (SEC) to negotiate a compromise to prevent the exchange’s assets from being frozen. Bloomberg reported on June 14 that U.S. District Judge Amy Berman Jackson referred the two organizations to a magistrate judge to negotiate a compromise […]
Binance.US to go ‘Crypto-Only’ as Banking Partners Cut Ties
Binance.US will stop USD deposits, withdrawals, and trading pairs by June 13 due to its banking partners suspending USD services in response to the SEC lawsuit against Binance. The exchange will transition to a ‘crypto-only’ platform until new partners are found. Binance.US, the US affiliate of the world’s largest cryptocurrency exchange Binance, has announced that […]
Binance.US Offers Free Web3 Domain Registration
In a new collaboration with Unstoppable Domains, Binance users in the US can now register Web3 domains that function as digital identities. Through a new collaboration with Unstoppable Domains, US users will soon be able to create decentralized domains that will act as digital identities throughout the Web3 ecosystem. With the new service, customers will […]