Tag: binance
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Binance eyes more Asia licences as crypto adoption grows, says co-CEO
The cryptocurrency exchange’s co-CEO Richard Teng believes blockchain will be the future of financial services, but says wider adoption will depend on greater regulatory clarity and increased institutional participation.
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UK investors sue Binance in London for £150 million
LONDON, June 30 : Almost 1,700 British investors are suing Binance and founder Changpeng Zhao for at least £150 million ($200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation.The claimants, some of whom said they had lost tens of tho
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Binance halts EU crypto services amid MiCA licence failure
The world’s largest crypto exchange is pulling out of multiple EU markets after withdrawing its Greek licence application before a June 30 deadline.
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Exclusive-Binance vows to stay in Europe despite licence setback
PARIS/BERLIN, June 24 : Crypto platform Binance intends to stay in the European Union and will make a fresh push for permission to operate there, a senior executive told Reuters, after its application under a new licence regime failed, threatening access for millions of users.”Binance is not leaving Europe,”
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New EU crypto rules could force hundreds of firms to exit the market
The EU’s landmark MiCA crypto rules take full effect on 1 July. Yet by May, fewer than one in five of the bloc’s 1,200-plus registered crypto firms had secured the licence needed to keep serving European clients.
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Exclusive-Binance set to lose permission to operate in EU, sources say
FRANKFURT, June 16 : Binance, the world’s largest crypto exchange, is set to lose permission to serve European Union clients from next month because its licence application is about to be rejected, two people familiar with the matter told Reuters.Under new EU rules, called MiCA, crypto firms have until the e
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