Crypto exchange HKVAEX announces full shutdown amid regulatory pressure, Binance’s role questioned

2024-3-31 21:00

HKVAEX, allegedly backed by Binance, will cease all crypto services in May, following its license application withdrawal in Hong Kong.

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Binance’s regulatory woes don’t seem to scare crypto investors

The Commodities Futures Trading Commission (CFTC) filing against Binance represented the culmination of increased regulatory pressure on the crypto industry.  On March 27, the CFTC sued the company, its CEO Changpeng Zhao (CZ), and its compliance lead Samuel Lim for violating commodities regulations in the United States The market reacted switftly to the filing, with Bitcoin […] The post Binance’s regulatory woes don’t seem to scare crypto investors appeared first on CryptoSlate.

2023-4-4 21:25


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Top Crypto Moguls Predict Bullish Trends on Crypto Market as Binance Converts $1 Billion Recovery Fund

Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) could soon receive a significant boost in price fuelled by the mass conversion of the funds from Binance. On his Twitter, Binance CEO Changpeng Zhao announced the move to convert $1 billion Industry Recovery Initiative funds from BUSD to ‘native crypto’, such being Bitcoin and Ethereum alongside […]

2023-3-17 21:29


UK Regulators Prohibit Binance, What’s Ahead For The Crypto Exchange?

Binance has been the largest crypto exchange in the whole world. However, although not minding its reputation, the UK Financial Conduct Authority (FCA) has banned it from operating in the country. According to the regulatory body, Binance is no longer permitted to carry out regulated activities in the country from June 30, 2021. “BINANCE MARKETS […]

2021-6-29 01:00