Binance Founder Responds To $100M Listing Fee Controversy Over the weekend, Binance and Coinbase faced backlash over allegations of asking for millionaire fees for token listing. Moonrock Capital’s CEO Simon Dedic raised concerns about high listing requirements, with several industry figures including Justin Sun and Brian Armstrong denying the claims. Controversy arose over listing fee … Read more
Venezuela Clamps Down On Binance Access With New Web Restrictions Venezuela-based traders are facing sudden restrictions in accessing Binance web pages amid widespread internet suppression in the country. This is a result of political turmoil following the presidential elections a month ago. Binance’s division in Latin America is working to resolve the issue. Despite access … Read more
UK financial watchdog restricts Binance partner from issuing crypto ads The UK’s Financial Conduct Authority (FCA) has placed restrictions on peer-to-peer lending platform Rebuildingsociety, which partnered with cryptocurrency exchange Binance for compliance with the FCA’s marketing rules. The FCA stated that Rebuildingsociety was not authorised to approve the content of any financial promotion related to … Read more
According to the filing, Congress has evaluated numerous proposals since 2019 to establish a structured and practical framework for crypto assets and their trading platforms. Importantly, none of these proposals aimed to grant exclusive regulatory jurisdiction to the SEC over the cryptocurrency industry. Despite this, the SEC has filed a lawsuit seeking to extend its … Read more
Binance CEO Responds To Rumors That He Received A $250 Million Loan From The Exchange Binance CEO Changpeng “CZ” Zhao has denied claims that he received a $250 million loan from BAM Management. The claims were made in a report following a court filing related to a lawsuit between Binance and the US Securities and … Read more
