In response to the allegations, Tether emphasized its commitment to preventing the misuse of cryptocurrencies for illicit activities.
While HKVAEX aims to secure a license under the SFC for virtual asset trading, Binance has remained reticent about its own licensing pursuits in Hong Kong despite acknowledging the region’s growing prominence within the global crypto market.
According to the Binance report, the crypto market saw declines across the board in Q3, as fundraising and developer activities tanked.
Binance is currently in the process of finding partners for dealing with fiat transactions in the UK, as British users are still unable to deposit GBP.
With Stéphanie Cabossioras’ resignation, she joins at least 10 other senior executives who have left Binance this year.
Binance.US updated its terms of use to inform its customers that the direct withdrawal of USD is unavailable but they can convert to the supported stablecoins or other digital assets to facilitate seamless transfers.
Binance burned about 2.13 million BNB coins during the last three months thus bringing the total coins removed from circulation to about 50.2 million units.
The NFTs are available for free. To claim a CR7 ForeverZone Box, users have to open the Binance Promotion Page, complete and pass KYC verification, and collect an NFT.
The Congressional Committee of Brazil noted that Binance was running a pyramid scheme and operating while bypassing the regulators. The case is now for the Brazilian police to look after.
It’s important to note that Binance strictly prohibits intentional self-trading on the platform, categorizing it as a form of market manipulation.
Having frozen the accounts with Binance’s help, however, the funds are now expected to be transferred to the state treasury.
In a bid to showcase how serious the Neutron project has become, more than 190 million ATOM tokens have been staked through the CosmWasm platform.
Beyond Binance’s own commitment, the IRI garnered an additional $100 million in contributions from 18 organizations by February 2023.
The police confirm that all 11 victims, so far, have reported combined losses to the excess of $446,000.
For those looking to follow and replicate the trading portfolios and strategies of lead traders, Binance’s copy trading can prove to be a game-changer.