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Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities
29.9.2023
Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them
Circle Files Amicus Brief in SEC's Binance Lawsuit, Says Stablecoins Are Not Securities
29.9.2023
Stablecoin issuer Circle has stepped into the legal battle between the Securities and Exchange Commission (SEC) and major crypto exchange Binance.
Circle argued in its amicus curiae brief that stablecoins, whose value is backed by other assets, should not be subject to the same regulatory...
Circle Intervenes in Binance’s SEC Case, Argues Stablecoins Aren't Securities
29.9.2023
Stablecoins alone can’t be considered securities, argues the USDC issuer, supported by former commodities regulator Heath Tarbert
Binance Ending Operations in Russia — Crypto Exchange to Focus on 100+ Other Countries
29.9.2023
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company’s compliance strategy. “We remain confident in...
Binance Advises Paysafe Users to Convert Euro Balances to Tether
29.9.2023
Crypto exchange Binance has issued a recommendation for customers using the services of Paysafe for euro (EUR) transfers. The crypto trading platform is advising users to convert their euro balances to tether (USDT) or withdraw them to bank accounts after the payment processor suspended deposits...
13 Crypto Exchanges Hold Over 14% of Industry’s Wealth; Binance Dominates with 42% Share of $151B in Reserves
28.9.2023
On September 27, 2023, statistics indicate that 13 cryptocurrency exchanges possess assets under management (AUM) exceeding $1 billion, collectively constituting 14.39% of the crypto economy’s total value of $1.05 trillion. Among these 13 digital currency trading platforms, Binance stands...
Binance Changpeng Zhao Denies Ownership of CommEX Following Sale of Russian Entity
28.9.2023
Binance CEO Changpeng Zhao has distanced himself and the company from the ownership of CommEX, the newly launched digital asset exchange that will take possession of Binance’s Russian entity.
In a Sept 28 post on X (formerly Twitter), the CEO denied all forms of ownership either personally,...
CZ Denies He Owns CommEX, Binance Russia's New Owner
28.9.2023
Binance’s CEO sought to quell rumors about the mysterious, day-old, crypto company as he seeks to quit Russia
Binance Asks Paysafe Users to Convert EUR Balances to USDT by End of October
28.9.2023
Binance has asked Paysafe users to convert their euro balances to USDT by the end of October as the payments provider has stopped processing euro deposits for the exchange's users.
In a Thursday announcement, Binance said Paysafe has "unilaterally decided to stop processing EUR deposits...
Binance urges users to convert Euros to USDT after Paysafe debank
28.9.2023
Binance’s European debanking woes continue as it urges Paysafe users to convert their Euros to digital dollars
US Authorities Seize Crypto Linked to Pig-Butchering Scam Held at Binance
28.9.2023
U.S. authorities are seeking to recover cryptocurrencies linked to the popular pig-butchering crypto scam. “Law enforcement was able to trace cryptocurrency involved in the fraud and money laundering to two Binance accounts, where it was seized,” the United States Attorney’s...
Price analysis 9/27: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
27.9.2023
Bitcoin, and even some altcoins are holding steady even as the US dollar index steamrolls to a near 1-year high
Binance Market Share Continues to Fall As Crypto Giant Loses Ground to Rivals
27.9.2023
Binance, the world's largest cryptocurrency exchange, has seen a sharp drop in market share among non-dollar crypto exchanges.
According to data by The Block, Binance's market share among a group of exchanges that includes major Asian players like Upbit, Huobi, Bybit, and OKX hit 54% in August...
Binance successor in Russia: Everything you need to know about CommEx, so far
27.9.2023
The sale has sparked chatter in local crypto enthusiasts, who say the two sites appear so similar that CommEx could be a "Russian version" of Binance.US
Binance CMO Hails Istanbul as a Crypto Hub
27.9.2023
Rachel Conlan, the new Chief Marketing Officer (CMO) of Binance, the world's largest cryptocurrency exchange by trading volume, conducted an interview with Serdar Turan as part of CoinDesk Türkiye's Exclusive Interview series
First Mover Americas: Binance Sells Russian Unit
27.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 27, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Binance still struggling to find banking partner in France: Report
27.9.2023
The local subsidiary of the world’s largest crypto exchange has suggested customers should convert all their fiat currency held on the exchange to crypto
Binance Sells Russian Unit to Day-Old CommEX, Exits Country
27.9.2023
Binance is set to fully exit the country with the sale and will have no ongoing revenue split, it said Wednesday
Ethereum OFAC compliance dips to 45% post-Merge upgrade
27.9.2023
The list of top censorship offenders is populated by popular platforms such as Binance, Celsius Network, Bitfinex, Ledger Live, Huobi (HTX) and Coinbase
Binance fully exits Russia with sale to CommEX
27.9.2023
The financial details of the deal remain undisclosed, however as a full exit from Russia, Binance will have no ongoing revenue split, nor any option to buy back shares, the companies said