us sec

Binance, SEC Agree to Keep US Customers’ Assets in Country Until Resolution of Lawsuit

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[ad_1] Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. The agreement, disclosed in court papers filed late on Friday, … Read more

Binance to Leave Netherlands After Failing to Meet Registration Requirements

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[ad_1] Binance, the largest cryptocurrency exchange, said on Friday that it was leaving the Dutch market because it had been unable to meet registration requirements to operate as a virtual asset service provider. It is the latest in a string of setbacks for Binance including the June 5 decision by the US Securities and Exchange … Read more

Binance.US Said to Have Laid Off Employees After US SEC Charges

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[ad_1] The US affiliate of crypto giant Binance has carried out a round of layoffs since regulators last week charged it with violating securities laws and sought to freeze its assets, said two people with knowledge of the dismissals and employees’ social media posts. One of the sources said around 50 people were laid off. … Read more

Binance Operations Declared Illegal by Nigerian Market Regulator, Asked to Discontinue

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[ad_1] Nigeria’s markets regulator has ordered the world’s largest cryptocurrency exchange Binance to halt its operations in the country, saying a local unit that courted Nigerian investors through a website was illegal. “Binance Nigeria Limited is hereby directed to immediately stop soliciting Nigerian investors in any form whatsoever,” the Securities and Exchange Commission (SEC) said … Read more

Binance.US Halts Dollar Deposits After SEC Crackdown, Asks Customers to Withdraw Dollar Funds

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[ad_1] The US affiliate of Binance said it was halting dollar deposits and gave customers until Tuesday to withdraw their dollar funds, after the US securities regulator asked a court to freeze its assets. Binance.US, the purportedly independent partner of Binance, said in a tweet on Thursday that its banking partners were preparing to stop … Read more

Coinbase CEO Says the Crypto Exchange Has Been Always Transparent With US SEC

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[ad_1] Coinbase Global’s CEO Brian Armstrong said on Wednesday that the crypto exchange has a long history of being transparent with the US Securities and Exchange Commission. Armstrong was speaking in an interview with CNBC, a day after the company was sued by the US securities regulator on allegations it failed to register as an … Read more