Class Action Lawsuit: Investors File Lawsuit Against Binance, Target Stock Exchange Futures Trading
The investors in the class-action suit against Binance allege they lost “tens of millions” of dollars due to not being able to manage their positions and view their balances during peak trading hours. It is alleged that Binance breached its own regulations on futures trading, according to a class-action lawsuit brought by a group of […]
Binance To Suspend Euro Bank Transfers On Wednesday 8th July
Customers who wish to deposit euros into their Binance account will no longer be able to do so after 8 a.m. UTC on Wednesday. Credit cards and debit cards, on the other hand, can still be used to fund their accounts. According to an email issued to clients on Tuesday, the prominent cryptocurrency exchange Binance […]
Increased pressure on Binance? Binance is dissatisfied with Barclays’ unilateral move
Binance is displeased with Barclays’ “unilateral action” in blocking client payments. In an interview with Cointelegraph, a representative from Binance emphasised that the Financial Conduct Authority’s latest edict only applied to Binance Markets Limited, or BML, which is a distinct legal company from the primary global exchange that operates via the domain name Binance . […]
Binance’s Bitcoin holdings remain intact despite regulatory crackdown
The recent crackdown on Binance by six countries has not in any way affected its Bitcoin holdings. Supply remains strong and investors haven’t panicked as the case was during the crackdown on mining in China. Binance, the world’s largest cryptocurrency exchange by trading volume, has recently faced a host of regulatory challenges. More than six […]
Coinbase expands while Binance faces regulatory issues
While Binance is facing regulatory problems here and there, Coinbase has announced it is expanding globally, and It would allow international traders to get access to USD, EUR, or GBP fiat on its platform. Coinbase ($COIN), a Nasdaq-listed cryptocurrency exchange, stated today that it is expanding its international institutional payment capabilities. Previously, global institutional clients […]