Binance stops offering crypto trading to Singapore clients LeapRate

September 27, 2021 BY Steffy Bogdanova

Binance stops offering crypto trading to Singapore clients

The official statement said: Binance constantly evaluates its product and service offerings. We will be restricting Singapore users in respect of the Regulated Payments Services in-line with our commitment to compliance. Users in Singapore are advised to cease all related trades, withdraw fiat assets and redeem tokens by Wednesday, 2021-10-26 04:00 AM UTC (12:00 PM…

Binance appoints Nils Andersen-Röed to strengthen investigations and audit team

September 17, 2021 BY Steffy Bogdanova

Europol’s Nils Andersen-Röed joins Binance to strengthen investigations and audit team

Before that he worked as the Project Leader of Operation Gravesac/Bayonet, coordinating the takeover and takedown of the dark web marketplaces Hansa Market and Alphabay. Andersen-Röed was instrumental in this global operation, during which a large amount of information about illicit trades was gathered and shared with other law enforcement agencies. These actions have led…

Binance seeks to curb SEC’s hunt for “fraud”

August 23, 2021 BY Alan Sayer

Binance Singapore Appoints Former ADGM CEO Richard Teng As Chief Executive

Teng served as the CEO of ADGM for over six years, starting in 2015. He is currently a Board Director at Lulu Financial Group, an Advisory Board Member at the Blockchain Association Singapore and an International Council Member at the Global FinTech Institute. Before joining ADGM, Teng was the Chief Regulatory Officer of the Singapore…

August 19, 2021 BY Steffy Bogdanova

Binance restricts crypto derivatives offering in Australia

Binance has faced an intense scrutiny and regulatory backlash recently. In June, the FCA banned Binance from undertaking any regulated activity in the UK, following a warning placed by the Japanese regulator, the FSA. However, this did not happen in Australia. The move follows the recent warning the Australian regulator issued against trading crypto through…

August 16, 2021 BY Steffy Bogdanova

UK court orders Binance to track crypto hackers in a $2.6 million attack

Syedur Rahman, a partner at Rahman Ravelli, which is representing Fetch.ai, said: We need to dispel the myth that cryptoassets are anonymous. The reality is that with the right rules and applications they can be tracked, traced and recovered. Rahman said that Binance intends to comply with the order and it is already tracking down…

July 09, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: Finalto caught in a press release fight over acquisition, PrimeXM opens Singapore data centre

Macrobond, provider of global economic, aggregate financial and sector data for finance professionals, revealed that Stockholm-based Erik Penser Bank is using Macrobond to deliver critical data and modelling tools to interpret market events. Erik Penser Bank’s asset managers mine financial, corporate, sustainability and macroeconomic data to help from their allocation strategies and tailor solutions for…

July 06, 2021 BY Alan Sayer

Barclays places block on transfers to Binance for UK customers

Barclays' decision is expected to cause other banks to decide on how they will handle Binance. Both Natwest and Santander have made comments related to crypto exchanges recently, with Natwest taking the decision to decrease the daily limit that customers could make to crypto exchanges. This news from Barclays, as well as the decision by…

July 02, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: IG completes $1billion deal with tastytrade, Robinhood files for IPO

BlackBull Markets has revealed a partnership with affiliate marketing network Commission Junction. The New Zealand-based fintech firm pointed out that the Commission Junction was selected as a referral partner due to its broad network of collaborators and reputation for complementing the organic growth that companies experience. BlackBull Markets will start drawing on Commission Junction’s solutions…

Crypto firms in the UK are abandoning their FCA registration

June 30, 2021 BY Steffy Bogdanova

Crypto firms in the UK are dropping out from FCA registration

Since January, crypto asset firms have had to register with the FCA, a measure designed to prevent money laundering and terrorist financing. Regulators across the world have strengthen their oversight on cryotocurrency. They have expressed concerns with crypto assets such as Bitcoin because of its volatility and risk to consumers and potential for money laundering…

June 28, 2021 BY Steffy Bogdanova

FCA bans Binance in the UK following Japanese warning

This huge blow to the crypto exchange giant comes as a reaction to a warning placed by the Japanese regulator, the FSA, which on Friday stated that Binance had been offering its crypto exchange services to customers in the country without ever having officially registered with the Financial Services Agency. The latest warning is the…

Tag: Binance