Binance Founder CZ Highlights Global Progress in Crypto Regulation
Changpeng Zhao calls crypto rules and governmental push for cryptocurrencies a “very positive direction” for the industry. Changpeng “CZ” Zhao, co-founder and former CEO of Binance, expressed optimism about the future of cryptocurrency regulation globally, particularly in light of the upcoming U.S. presidential election. In his first public address since his release from prison, Zhao […]
Binance Vs. SEC: Court Issues Major Orders, Stuns Crypto Market
Binance vs SEC Lawsuit: Judge Amy Berman Jackson issues many orders, propelling Ripple through the crypto market. In the Binance vs. SEC lawsuit, a district judge has signed key orders following a joint report from the involved parties and a motion from the SEC to amend the original complaint. The court has also issued a scheduling […]
Binance Conducts Internal Review Since CZ’s Arrest
Binance has declared that compliance is its primary concern following Changpeng Zhao’s indictment. The impact of a prospective Binance failure on the markets would be difficult to predict. With over 200 million users and $100 billion in assets on its platform, the exchange is the residence of 36% of all crypto holders worldwide. Binance Conducts […]
US SEC Increases Crackdown On Some Crypto, Price Dip Next?
The US SEC expanded the list of tokens in its securities classification in the Binance lawsuit. This may potentially affect the price of these tokens. In the Binance lawsuit, the United States Securities and Exchange Commission (SEC) has incorporated supplementary tokens into its securities classification.Axie Infinity (AXS), Filecoin (FIL), and Decentraland (MANA) are among the […]
Judge Drops SEC Claims On Binance’s BNB Sales As Securities
Judge Jackson dismissed the SEC’s claims that the secondary sale of Binance BNB coins qualify as securities. However, she let the SEC pursue charges related to Binance’s BNB staking program, anti-fraud issues, and BNB sale after the ICO. Judge Amy Berman Jackson has dismissed the SEC’s claim that the secondary sales of Binance’s BNB coins qualify […]