2023-8-23 05:52 |
After having its banking ties slashed, crypto exchange Binance.US has revived its United States dollar on-ramp through a new partnership with MoonPay.
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Prompted by regulatory pressures, Binance. US is transitioning to a crypto-only exchange, replacing USD with USDT as its base asset. As Binance reported, this move is a strategic response to banking partners suspending USD channels following the Securities and Exchange Commission (SEC) lawsuit.
2023-8-23 12:08 | |
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Binance. US lost its banking partners after the SEC filed a lawsuit against Binance and its affiliates. It had announced it was switching to a crypto-only exchange after failing to get a banking partner.
2023-8-23 11:15 | |
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Binance. US has partnered with MoonPay to offer its customers reliable USD payment solutions after banking partners withdrew due to regulatory pressures. The partnership will allow customers to fund their Tether balance with dollars.
2023-8-23 07:36 | |
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Crypto exchange Binance. US has recently encountered many legal and financial obstacles amid heightened regulatory scrutiny. However, to restore a reliable influx of dollars, the exchange has allied with MoonPay, a payment startup renowned for its partnerships in the non-fungible token (NFT) sector, as reported by Bloomberg.
2023-8-23 05:00 | |
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The recent events surrounding Binance and Paysafe have emphasized the importance of adaptability and robustness in the industry. While some watchers suggest this could cause significant impact on crypto prices, the recent launch of Avorak AI provides a ray of hope for traders seeking ways to navigate the challenging volatility of cryptocurrencies. Is Binance in […]
2023-7-27 16:05 | |
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In a notable development that underscores the mounting regulatory pressures faced by cryptocurrency exchange Binance, Paysafe Payment Solutions, its European banking partner, has chosen to sever ties and withdraw its support.
2023-6-30 18:50 | |
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Binance, the industrys biggest cryptocurrency exchange, is set to lose the support of its current euro banking partner, Paysafe Payment Solutions. The exchange has notified its users via email that...
2023-6-29 18:29 | |
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Paysafe Payment Solutions, Binance’s European banking partner, said it would terminate support for Binance as it deals with regulatory challenges globally. Binance is reportedly searching for a new provider for euro deposits and withdrawals via the Single Euro Payments Area…
2023-6-29 14:45 | |
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The top trading platform Binance continues to encounter global regulatory challenges. The Securities & Exchange Commission sued the exchange for violating investment laws early in June. You can read more about the firm’s recent developments here.
2023-6-29 12:50 | |
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Paysafe is Binance’s current EUR banking partner. Paysafe will not provide services to Binance users from 25th September 2023. The announcement comes, weeks after Binance. US announced its banking partners had warned to discontinue their services.
2023-6-29 11:02 | |
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The exchange recently announced retreats from the U.K., Netherlands and Cyprus.
2023-6-29 02:46 | |
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Binance Australia head Ben Rose claimed the exchange got less than a day's warning from its payments partner before it was "cut off" from the local banking system in May.
2023-6-27 06:14 | |
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Binance’s subsidiary in the US, Binance. US, has informed customers that its problems with USD withdrawals have been resolved. According to the exchange, the problems were resolved after working with its banking partners.
2023-6-23 09:41 | |
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“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US.
2023-6-23 06:21 | |
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Binance. US said in an email sent to customers on June 22 that it resolved nearly all delayed U. S. dollar withdrawals. Warning of further limitations Binance. US said it worked with its banking partners to re-enable USD withdrawals but also suggested the option will soon be removed again.
2023-6-23 01:57 | |
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Binance Kazakhstan was officially announced on June 20, 2023 with government and banking industry representatives present. The platform will allow users to buy and sell crypto with fiat, access spot trading, and conversions.
2023-6-22 23:35 | |
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Binance limits its services in unfavorable jurisdictions as regulatory authorities worldwide tighten their scrutiny. Binance UK is canceling its registration with banking regulators. On June 7, Binance UK requested to cancel its registration from the Financial Conduct Authority (FCA). The…
2023-6-20 16:23 | |
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Bitcoin (BTC) is trading at a slight discount on Binance. US following the exchange’s announcement of its banking partners’ decision to halt USD payment channels on June 13, amidst ongoing regulatory troubles, according to Kaiko data.
2023-6-9 17:34 | |
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Binance. US announced on June 9 that it would transition to a crypto-only exchange for now. The move comes as its payment and banking partners suspended USD channels due to the Securities and Exchange Commission (SEC) lawsuit against Binance, and related entities, over allegations of breaching securities laws, including operating as an unregistered exchange.
2023-6-9 10:04 | |
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The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.
2023-6-6 23:27 | |
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The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday.
2023-6-6 19:26 | |
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The exchange halted Australian dollar bank transfers early May.
2023-6-1 21:08 | |
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Binance’s Changpeng “CZ” Zhao says that purchasing a bank would not be a solution to the crypto debanking issue. He cites the regulatory environment and need for a network of banking providers as key hurdles.
2023-5-30 12:35 | |
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Binance Australia, a subsidiary of one of the industrys largest cryptocurrency exchanges, has announced that it will be suspending deposits and withdrawals of Australian dollars via PayID and bank transactions...
2023-5-19 20:39 | |
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Binance Australia customers are banned from transferring Australian dollars between their bank accounts and the exchange using PayID. The post Binance Loses Australian Banking Partner as Scams Prompt Closer Scrutiny appeared first on BeInCrypto.
2023-5-18 13:55 | |
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Binance Australia has hit a roadblock with Australian dollar (AUD) deposits following the withdrawal of support from its third-party payment provider. Shortly after the announcement, Australian banking giant Westpac banned customers from making payments to Binance. Binance Australia announced that…
2023-5-18 13:32 | |
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At the Metaverse Entertainment Worlds conference, Stephen Castell discussed how blockchain and AI are transforming ethics and banking.
2023-5-11 22:00 | |
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Binance CEO Changpeng Zhao (CZ) said we should not rely on banking collapses for Bitcoin’s success. “From a crypto community perspective, we should not rely our success on the failure of others.
2023-5-1 19:50 | |
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There was a sharp uptick in BTC's balance on Binance exchange. Over the last week, the king coin recorded gains of 7.34% although it struggled to break through $30,000. Bitcoin [BTC]'s netwoThe post As Bitcoin [BTC] emerges victorious amidst banking crisis, will it reclaim $30k appeared first on AMBCrypto.
2023-4-30 20:30 | |
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The recent failures of Silvergate and Signature Bank left Binance. US without banking services. Binance. US is looking for a new bank partner to serve as a fiat on-ramp and off-ramp for its clients in the US.
2023-4-10 12:26 | |
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Binance. US was struggling to secure a banking partner, causing operational challenges for the exchange. BNB was experiencing a minor decline, with investors betting on further drops in price.
2023-4-10 07:30 | |
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Binance.US users experiencing issues with depositing and withdrawing US Dollar on the platform because of the recent banking crisis. The post Binance.US Volume Rises to New All-Time High, Plans Transition to New Banking Partners appeared first on BeInCrypto.
2023-4-1 19:15 | |
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Binance US said in a status update on March 31 that some deposit and withdrawal options will be temporarily unavailable as it transitions to new banking services. The post Binance.US transitioning to new bank providers; briefly affecting deposits, withdrawals appeared first on CryptoSlate.
2023-4-1 00:08 | |
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The U.S. war on the crypto industry is ramping up. The latest salvo was fired at Binance as Uncle Sam continues to choke innovation. The post How US Regulators Are Choking Crypto in Wake of Banking Collapses appeared first on BeInCrypto.
2023-3-28 10:00 | |
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Coinspeaker Mainland China Residents Show Hunger for Bitcoin via Subverting Binance KYC Amid rising global inflation and fear of a worldwide banking crisis, the demand for risky assets, including Bitcoin, has significantly spiked in the recent past.
2023-3-24 14:22 | |
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Investment banking giant Goldman Sachs analysts have predicted that the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.
2023-3-14 02:03 | |
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Bitcoin and the broader crypto market showed a strong recovery on Sunday afternoon (EST), although it was probably the most chaotic weekend in a long time. The crypto ecosystem lost another key banking partner.
2023-3-13 10:58 | |
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What we know so far about the SVB collapse and USDC/DAI depeg (updated): Crypto firm Circle reveals $3.3 billion stuck in SVB DAI/USDC depeg as stablecoin pressure continues after Silicon Valley bank collapse Binance suspended USDC conversions due to volatile market conditions Coinbase suspended USDC conversions “over the weekend while banks are closed” SVB contagion: […] The post USDC depeg – Everything we know so far as contagion spreads from TradFi banking appeared first on CryptoSlate.
2023-3-11 16:10 | |
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Custodia Bank’s membership rejection by the Federal Reserve Board is more alarming for crypto banking than the recent troubles of Binance, Juno and Signature Bank combined.
2023-2-9 19:29 | |
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Binance will suspend USD bank transfers as soon as this week The platform made the statement days after its banking partner put a limit on the USD transfer amount Binance, the world's largesThe post Binance will temporarily halt USD bank transfers appeared first on AMBCrypto.
2023-2-7 20:08 | |
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The suspension is expected to last at least two weeks while the exchange finds a new banking partner.
2023-2-7 20:02 | |
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A recent update by Binance has revealed that Signature Bank, a major SWIFT gateway service provider, will partially terminate access to Binance customers starting in February. The update sent by Binance, which a customer tweeted, read thus: “The banking partner that serves your account has advised that they are no longer able to process SWIFT […]
2023-1-26 23:45 | |
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Justin Sun, the founder of Tron, recently talked about Binance and explained why he deposited $100 million in USDC despite recent mass withdrawals of assets.
2022-12-22 15:02 | |
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Shark Tank investor Kevin O’Leary said at the December 14 Senate Banking Committee on FTX’s collapse that Binance put the crypto exchange out of business. The post Kevin O’Leary says Binance put FTX out of business appeared first on CryptoSlate.
2022-12-15 20:36 | |
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Binance is seeking licensing to establish a presence in the Philippines ahead of a moratorium and providing educational resources for future traders and blockchain developers.
2022-8-25 16:49 | |
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Plaid, an open-banking system that aggregates users’ financial information, said it’s extending its reach to include accounts on cryptocurrency exchanges, starting with Binance.US, Kraken and Gemini.
2022-7-14 15:00 | |
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Meanwhile, Binance CEO CZ says as much as 97% of its users go through KYC and that regions like Singapore, France, and Dubai “understand the importance of attracting crypto businesses.” The post Banking Watchdog Warns of Highly Cautious Approach to Crypto from OCC, Fed, and FDIC first appeared on BitcoinExchangeGuide.
2021-11-18 17:13 | |
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NatWest has become the latest British banking giant to block payments to Binance
2021-7-22 14:51 | |
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Santander, one of Europe’s largest banking groups, has tweeted it will stop customer payments to Binance. The post Santander joins the list of U.K banks banning Binance payments appeared first on CryptoSlate.
2021-7-10 22:00 | |
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