SEC, Binance Join Forces to Oppose Eeon’s Legal Action
The response to the entity “Eeon,” which wanted to intervene on behalf of clients in the case, has been sent by the SEC and cryptocurrency exchange Binance. The SEC and Binance oppose Eeon’s petition for intervention because it does not adhere to the legal prerequisites for intervention and consent.Eeon’s motion to intervene in the litigation […]
Binance Pool Launches Bitcoin Cash (BCH) Mining Service
Binance Pool has announced the launch of its Bitcoin Cash (BCH) mining service using the FPPS settlement method. Binance Pool, a platform that aims to improve miners’ income, has introduced its Bitcoin Cash (BCH) mining service. The new offering allows users to mine BCH with the FPPS (Full Pay Per Share) settlement method, which distributes […]
Binance Withdraws German Crypto License Application
Binance has chosen to withdraw its cryptocurrency license from BaFin’s application in Germany because of the rising regulatory friction in Europe. Binance, the most active cryptocurrency exchange, has withdrawn its application for a license from the BaFin, a German financial authority. This comes after German authorities told it they would not issue it a license […]
Binance Expected to Launch Crypto Services in Japan
Crypto exchange Binance will begin offering full services for Japanese users in August, said its CEO Changpeng Zhao. Following its November 2022 acquisition of Sakura Exchange BitCoin, Binance will reenter the Japanese market for the first time since 2018.After being compelled to leave Japan in 2018 owing to regulatory concerns, the world’s largest cryptocurrency exchange […]
Japan’s Prime Minister Reaffirms Web3 Adoption Plans
Fumio Kishida, the prime minister of Japan, reaffirmed the nation’s dedication to fostering the Web3 industry, highlighting its potential to foster innovation across industries to revolutionize the internet. Kishida made the remarks during a keynote address on the first day of the WebX conference in Tokyo, Japan, as first reported by CoinPost. The CEO of […]