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Binance
Binance's UK Woes Fuel Migration to Rival Crypto Exchanges: Report
Bitstamp has seen customer numbers more than double since the FCA said Binance Markets should not be operating in the U.K.
Binance CEO CZ Says ‘Compliance Is a Journey’ as Regulators Hit the Breaks
Binance CEO Changpeng “CZ” Zhao has likened the recent regulatory pressures against his exchange company to that of the initial development of the car. “Compliance is a journey, especially in new sectors like crypto,” CZ said in an open letter published Wednesday, noting the uncertainty of the crypto industry.
Binance CEO ‘CZ’ Responds to Global Regulatory Pressure, Calling Compliance a ‘Journey’
CoinDesk’s Nikhilesh De unpacks the latest story in the ongoing Binance saga. In an open letter on Wednesday, Binance CEO Changpeng “CZ” Zhao described how the crypto exchange has evolved over the past four years, the current regulatory environment and its approach for the future.
Binance Said to Be Hiring ‘UK Version of Brian Brooks’
The crypto exchange is looking for a U.K.-based ex-regulator or government official, according to people familiar with the plans.
Binance CEO 'CZ' Responds to Global Regulatory Pressure, Calling Compliance a 'Journey'
"We are seeing wider adoption of cryptocurrencies globally and the need for clearer regulatory frameworks in different countries," said CZ.
Binance.US Hires Former California Regulator Manny Alvarez
Manuel Alvarez ran California's Department of Financial Protection and Innovation.
Binance Temporarily Stops Payments From EU's Sepa Platform: Report
The exchange has faced increasing headwinds in Europe over the past two weeks.
UK Bank Nationwide to Review Its Cryptocurrency Policies: Report
The bank is monitoring cryptocurrency activity and placing extra safeguards on certain activities.
WazirX CEO: India’s Crypto Industry 'Self-Regulating' for Lawmakers
India's largest crypto exchange WazirX, which Binance acquired in 2019, has partnered with crypto-tracking software firm TRM Labs to enhance anti-fraud and anti-money laundering features. WazirX Founder and CEO Nischal Shetty denies claims that its deal with TRM Labs is connected to Binance's string of warnings from global financial regulators. "In India, there are no regulations around crypto. What we are doing is... to self regulate ourselves, and transaction monitoring is an important aspect," Shetty said.
Barclays Blocks Payments to Binance in UK
U.K. bank Barclays said Monday it is blocking customers from using their debit and credit cards to make payments to crypto exchange Binance, following the Financial Conduct Authority (FCA)’s announcement that Binance cannot conduct regulated activities in the country.