Tag: Binance

September 05, 2023 BY Elizabeth Anderson

Bybit harnessing the brainpower of AI chatbot

Through the integration of these AI abilities, TradeGPT uses real-time market data to perform analyses, make movement predictions, and answer technical questions. The Dubai-based cryptocurrency exchange is not the only one that employs ChatGPT for market insights.  Crypto.com has its own AI user assistant, Amy, launched in May 2023. Binance, arguably the world’s foremost crypto…

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September 05, 2023 BY Elizabeth Anderson

Another top executive resigns from Binance

A Binance spokesperson confirmed the report to Reuters. Among others, the company also had to bid farewell to its Chief Strategy Officer, Patrick Hillmann, and General Counsel, Hon Ng, during this year. These resignations raise industry eyebrows as they follow scrutiny by authorities, including the U.S. Securities and Exchange Commission (SEC) and the Australian Securities…

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June 30, 2023 BY Steffy Bogdanova

Germany rejects Binance’s application for crypto license

Binance has not yet commented on the denied license bid, however, a spokesmen for the company only shared that "ongoing process" and the exchange continues “to work to meet Bafin's requirements." It is unclear whether the rejection is formal or whether the German regulator has expressed their intention in ongoing discussions. Binance has been facing…

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June 22, 2023 BY Steffy Bogdanova

Binance launches services in Kazakhstan amid troubles in the US and Europe

Asset Turysov, Vice Minister of Digital Development, Innovation and Aerospace Industry of Kazakhstan, said: Over the past year, regulators in Kazakhstan have taken significant steps towards the development of the cryptocurrency industry. Binance has provided assistance to Kazakhstan in the development of a legislative framework and a general policy for the regulation of crypto assets,…

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June 20, 2023 BY Steffy Bogdanova

Binance withdraws registration in the UK

Binance recently withdrew its registration as a crypto service provider in Cyprus, saying it was focusing “on fewer regulated entities in the EU.” The exchange also announced exiting the Netherlands. Additionally, the company is facing legal trouble in the US with a lawsuit from the Securities and Exchange Commission for operation of an unregistered trading…

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June 19, 2023 BY Steffy Bogdanova

French regulator investigates Binance for money laundering

Binance is already facing legal troubles with US Securities and Exchange Commission (SEC). Last week the regulator announced filling 13 charges against Binance and its founder Changpeng “CZ” Zhao with various securities law violations, among which operating without registration and offering unregistered securities. In February 2022, following an investigation conducted by the specialized interregional jurisdiction…

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June 15, 2023 BY Steffy Bogdanova

Binance to withdraw registration of Cypriot business arm

Binance obtained its Crypto Asset Services Provider (CASP) license from CySEC in October last year, which allowed the exchange to offer crypto services such as pot, custodian, staking, and card services. The news comes a few days after the US Securities and Exchange Commission (SEC) announced filling 13 charges against Binance and its founder Changpeng…

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May 19, 2023 BY Steffy Bogdanova

TradingView expands partnership with Binance with Spot trading

The official announcement detailed that Binance, who was launched in 2017, today has a daily spot volume of around $20B, 1,400 spot pairs to trade. With the newly announced integration of Binance’s Spot trading, TradingView now supports trading of 350 tokens including well known once like Bitcoin and Ethereum and alternative tokens such as ApeCoin…

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