Open Campus (EDU), a recently launched project on Binance Launchpad, has revealed a new partnership. Globally accredited Challenger business school, NewCampus, has announced a strategic partnership with Open Campus, an educational blockchain-based protocol. As part of the collaboration, the EDU token will be adopted as a payment method and reward system for the learning platform….
The Australian regulator ASIC has conducted office searches at Binance as part of an ongoing derivatives probe that began in April this year. Australian financial regulators have conducted office searches at Binance as part of their ongoing derivatives probe. Binance had previously discontinued its derivatives business in Australia before the investigation. According to Bloomberg, the…
German financial regulator, BaFin, has denied Binance’s application for a license to provide cryptocurrency custody services. As per a report by Finance Forward, Germany’s financial authority has decided not to grant Binance a license for cryptocurrency custody services, based on information from reliable sources. It is unclear from the source whether the refusal to grant…
Binance Revises Operations to Comply with EU Standards After Community Feedback Binance, the cryptocurrency exchange, has announced that it is reversing its decision to delist several privacy coins in Europe. The company stated that it has made revisions to its operations to ensure compliance with local regulations, leading to the reversal of its previous plan….
Court seeks SEC clarification on defendants’ non-security token trading Binance and Coinbase, the two largest crypto exchanges globally, are currently embroiled in legal issues with the SEC over alleged violations of operational regulations. The Coinbase Legal Chief highlighted the SEC’s perplexing approach to token categorization in the ongoing Binance case, adding to the complexity of…
Crypto exchanges face regulatory heat alongside Binance after SEC crackdown According to blockchain data and research firm Kaiko, Binance’s market share has reached a one-year low due to intensified regulatory scrutiny targeting the exchange. The report highlights the impact of increased regulatory pressures on Binance’s market position within the cryptocurrency industry. In a recent development,…
Binance Dubai’s GM, Alex Chehade, predicts the UAE’s emergence as the world’s next prominent crypto hub, citing several compelling factors supporting this projection. Binance shifts focus to the United Arab Emirates as a strategic destination amidst increased enforcement actions in the United States. Binance Dubai’s General Manager, Alex Chehade, highlights the UAE’s appeal to crypto…
On Monday, Coinbase, which is a top cryptocurrency exchange, took legal action against the SEC by filing a lawsuit. The lawsuit was filed in response to a petition that was submitted in July 2022 requesting regulatory clarity from the SEC regarding the regulation of securities traded through digital means. The petition had asked whether the…
A Binance executive has claimed that the former head of FTX, Sam Bankman-Fried, regularly spread false rumors and denigrated his rival, Binance CEO Changpeng Zhao (CZ). The executive referred to CZ as SBF’s ‘Darth Vader’. This behavior reportedly occurred before the collapse of SBF’s FTX and Alameda Research empire. A great read by @WilliamCohan at…