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 […]
Binance Enhances Monitoring to Tackle Account Misuse
Binance announces enhanced measures to combat account misuse, citing detection of unfair advantages gained through feature exploitation. Binance announced on June 27 that it is enforcing more stringent measures to prevent account misuse, which will include additional surveillance of all account activities. The company has recently identified instances in which specific account features on the […]
Binance Targets Account Misuse, Warns of Suspensions
Binance introduces stringent measures to prevent account misuse, including improved monitoring systems and a community reporting program. Binance has disclosed a series of new measures that are designed to significantly improve the security and integrity of its platform. These initiatives aim to establish compliance with the platform’s standards and prevent misuse. Binance reiterates its commitment to […]
BICCoN Calls for Fair Resolution in Nigeria-Binance Case
The Blockchain Industry Coordinating Committee of Nigeria (BICCoN) has advocated for a fair resolution in the ongoing legal disputes between the Nigerian gov’t and Binance exchange. BICCoN, the organization representing the Nigerian blockchain industry, is apprehensive about the potential consequences for the country’s blockchain ecosystem and international reputation. BICCoN urges “balanced resolutions” in the Saga […]
Binance’s Dubai Branch Receives VASP License
Binance’s branch in Dubai, Binance FZE, has been given a license to provide virtual assets by Dubai’s cryptocurrency regulator. On Wednesday, the virtual asset exchange Binance announced that Dubai’s Virtual Assets Regulatory Authority (VARA) has granted its Dubai office, Binance FZE, a Virtual Asset Service Provider (VASP) license. In a blog post, the exchange revealed […]