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BINANCE
As per Coindesk's report, a federal judge has instructed the Securities and Exchange Commission (SEC) and Binance's legal team to engage in further discussions regarding limitations on the company's operations. The judge has set a deadline for Thursday for both parties to provide an update on their negotiations.
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The US Securities and Exchange Commission has directed its attention towards a wide range of the cryptocurrency market by initiating a pair of lawsuits against exchanges that collectively represent half of the global digital asset trading.
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Binance, the largest cryptocurrency exchange globally, is facing a lawsuit by federal regulators. The lawsuit claims that Binance operated an unlawful exchange within the United States and mixed together billions of dollars' worth of customer funds.
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Westpac has prohibited its customers from conducting transactions with Binance, coinciding with the removal of Binance's ability to accept PayID funds transfers from Australian clients, a move that has stirred controversy.
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Binance and its founder, Changpeng Zhao, are facing allegations of violating trading and derivatives regulations.
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CEO of Binance, Changpeng Zhao (CZ), has asserted that Binance will be slowly, but surely, offloading and liquidating its holdings in FTT, the native token for its rival exchange, FTX.
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This week we cover: BITCOIN, MILLENNIALS & BANK DISTRUST PAYPAL CEO OWNS BITCOIN CHINA ENFORCES CRYPTO CONTROLS BAKKT PHYSICAL BTC CONTRACTS CONTINUE TO SURGE BINANCE SUING THE BLOCK OVER FUD YAHOO ADDS CRYPTO TO ITS WEBSITE MINER CAPITULATION? BTC TECHNICAL ANALYSIS FEAR, GREED AND MENTALITY BITCOIN, MILLENNIAL’S & BANK DISTRUST “Millennials will become the wealthiest...
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Weekly-17
BINANCE LAUNCHES RUBLE TRADING Just over a week ago, massive crypto exchange, Binance announced via Twitter that they would be offering trading of the Russian Ruble and cryptocurrency pairings on its platforms whilst attending a Government led event “Open Innovations Forum” in Moscow. Honestly, I find this pretty surprising news given the cryptocurrency industry in...
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Weekly-16
BLOCKFI CHASING INSTITUTIONAL INVESTORS BlockFi is a cryptocurrency lending start-up that raised $18.3 million USD in series A funding back in August of this year. Among the funding parties, contributions were made by Winklevoss capital, Galaxy Digital and Morgan Creek. BTCMANAGER reported this week,  BlockFi is intending to launch Institutional Services, a new platform specifically...
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