The court ordered plaintiffs to file a revised complaint that clearly links defendants’ conduct to the injuries claimed in the lawsuit.
Changpeng Zhao has dismissed a Wall Street Journal (WSJ) report suggesting he is discussing an investment deal with the family of US President Donald Trump in Binance.US, the American division of the global Binance crypto exchange. On March 13, Zhao took to X to refute the claims, calling the article an attempt to undermine both […]
The post CZ says Trump not seeking to invest in Binance US, denying another WSJ story appeared first on CryptoSlate.
Binance.US has reinstated USD deposits and withdrawals for its US customers, marking a significant shift after months of operating as a crypto-only platform. The exchange announced on Feb. 19 that users can now deposit and withdraw US dollars without fees via bank transfers (ACH). The firm stated that the fiat services rollout begins today and […]
The post Binance.US restores USD access, aims for market resurgence amid SEC’s legal troubles appeared first on CryptoSlate.
Access to fiat services begins Wednesday, and will be gradually rolled out to all eligible customers over the coming days, Binance.US said.
Binance CEO Richard Teng recently said it was “premature” to discuss the exchange’s return in the US.
The US will soon have a largely crypto-friendly White House, but Binance’s Richard Teng says it may be too soon to start talks about re-entering the market.
This week’s Crypto Biz explores Ether ETFs growing inflows, the political moves behind Meta’s stablecoin sunset, BitGo’s plans for India, and more.
In the latest round of the SEC suit against Binance, Binance.US and CZ, the agency has largely repeated itself in a form more acceptable to the court.
A US court has granted Binance US permission to invest certain customer fiat funds, currently held at BitGo, in US Treasury Bills. Earlier this week, the exchange requested court approval to invest about $40 million in $10 million increments over four weeks. These investments will be made through a trading account on TreasuryDirect in US […]
The post Binance.US secures court approval to invest $40 million in US Treasury bills appeared first on CryptoSlate.
A federal judge overseeing the U.S. Securities and Exchange Commission's case against Binance ruled that most of the case can proceed, but dismissed charges tied to the sale of BUSD and secondary sales of BNB.
Binance US is preparing for a legal battle against the Securities and Exchange Commission (SEC) after the District Court for the District of Columbia determined the SEC’s lawsuit would continue. The exchange remains confident in its case after Judge Amy Berman Jackson dismissed several “key claims” in the lawsuit. Related Reading: Germany Shakes Up Crypto […]
Binance.US is gearing up for an extended legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics.
The First District Court of Appeals in Florida has nullified an Emergency Suspension Order (ESO) issued by the Office of Financial Regulation against Binance.US, according to a court filing on May 22. Earlier this year, Florida’s regulator banned Binance.US from serving its residents, citing “immediate danger” to the public as the reason for its decision. […]
The post Florida court overturns Binance.US suspension order appeared first on CryptoSlate.
Embattled crypto platform Binance.US told CryptoSlate it appointed Martin C. Grant, a former New York Federal Reserve Bank Compliance Chief, to its Board to improve compliance efforts and restore users’ trust in its services. The crypto trading platform has faced extensive regulatory scrutiny due to its ties with the global Binance exchange, which entered into […]
The post Binance.US appoints ex-New York Fed chief as board director to boost compliance efforts appeared first on CryptoSlate.
A deposition from Binance.US' chief operating officer claims the SEC’s suit last year caused banks to pull support from the exchange, “effectively choking the business.”