Binance

"The Hash" hosts discuss the outlook for crypto exchange Binance as it enforces "mandatory KYC for all services." New ​customers will have to supply a government ID and pass facial verification to meet its "Intermediate" verification status on its platforms. "This is the end of an era," host Naomi Brockwell said.

20 aug 2021

Crypto exchange Binance has tightened the customer verification requirements on its platforms. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the reactions and implications as Binance expands its response to the heightened regulatory scrutiny over recent months.

20 aug 2021

Coinbase partners with MUFG to launch in Japan. Users band together to take legal action against Binance after an outage. And the founder of Finder.com offers crypto as a COVID-19 vaccination incentive. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

20 aug 2021

Although South Korea is not among the long list of countries whose financial watchdogs have issued warnings against Binance, the crypto exchange ​said it would discontinue trading pairs and payment options using the South Korean won effective immediately, along with P2P merchant applications and Korean language support. "The Hash" hosts discuss the possible future of Binance following its ​latest attempt to take the initiative in its regulatory positioning.

13 aug 2021

Brian Brooks announced he resigned as Binance.US CEO after just four months on the job, citing “differences over the strategic direction” between him and his colleagues. His predecessor Catherine Coley has remained quiet since her replacement. "The Hash" panel discusses the possible reasons for Brooks' departure and whether Binance's intensifying regulatory pressures could have played a part.

9 aug 2021

Binance bans derivatives products accounts in Hong Kong. Ethereum fork provides a trading boost, and India’s Olympic winners get more than just medals. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

6 aug 2021

Banking giant HSBC is blocking its U.K. customers from using credit cards to make payments to Binance after the Financial Conduct Authority (FCA)’s announcement in June saying the crypto exchange cannot conduct regulated activities in the country. “The Hash” panel discusses the latest enforcement action against Binance, possibly signaling the future of centralized exchanges.

3 aug 2021

Binance’s regulatory woes worsened Friday as Malaysia ordered it to halt operations in the country. This comes amid news the world's largest crypto exchange plans to wind down futures and derivatives products across Europe. "The Hash" panel discusses the future of Binance as pressure grows from global regulators.

30 jul 2021

Binance, the world’s largest cryptocurrency exchange by volume, is looking for someone with a strong regulatory background to become its new chief executive officer, replacing its current CEO, Changpeng "CZ" Zhao. The news comes amid Binance facing a series of regulatory scrutiny across global jurisdictions. "The Hash" team discusses the implications for the exchange and its customers.

28 jul 2021

Binance, the world’s largest crypto exchange by trading volume, is reducing the maximum leverage users can use to trade futures contracts. CEO Changpeng Zhao tweeted Monday the new limit is 20 times leverage, down from 100 times, a day after derivatives exchange FTX announced a similar change. Is this part of a broader effort by Binance to help avoid the worst of a future regulatory storm?

26 jul 2021