Ripple gets access to Binance’s records amid SEC securities case
Ongoing litigation between Ripple and the US Securities and Exchange Commission (SEC) took another turn this week when Ripple gained access to Binance internal documents and other companies’ documents. CEO Brad Garlinghouse may have acted outside the scope of the SEC’s jurisdiction, according to the documents, which could be crucial evidence. Judge Sarah Netburn of […]
Binance partners with Alchemy Pay to link crypto and fiat
Binance has partnered with Alchemy Pay, a supplier of crypto-fiat hybrid payment solutions, to provide a payment bridge between crypto and fiat via the Binance Pay wallet. Binance, the world’s largest cryptocurrency exchange by trading volume, has announced a new crypto-to-fiat integration as part of its ongoing expansion into the crypto payment business . Through […]
Ripple-SEC lawsuit requires Binance’s documents
The Ripple Labs and the United States SEC lawsuit now involves major crypto exchange Binance after a recent filing on behalf of Ripple CEO Brad Garlinghouse. Garlinghouse has sought the Southern District Court of New York to receive papers from Binance Holdings Limited that are “relevant to the current issue and not otherwise available.” The […]
Binance.US is not considering an IPO – CEO
CEO of Binance.US, Brian Brooks, stated in a recent interview that the crypto exchange has no plans to go public anytime soon. Brooks brought up the first venture financing round while distinguishing Binance.US from Binance.com, and went on to highlight the company’s planned private collaborations while noting that the exchange’s IPO plans had not changed. […]
Binance closes all Futures and Derivative in Europe
Despite facing regulatory problems all over the globe, Binance exchange has announced the closure of all futures and derivative services across Europe. Binance has stated that all of its Futures and Derivatives operations in Europe would be shut down. Furthermore, users of the Binance exchange in the Netherlands , Germany, and Italy will no longer […]