Binance Financial News

Coinbase said it’s received regulatory approval to bring federally regulated crypto futures trading to eligible customers in the U.S., sending shares sharply higher before the opening bell

A federal judge overseeing the civil case between the United States Securities and Exchange Commission (SEC) and cryptocurrency exchange Binance, Binance.US and Binance CEO Changpeng Zhao has ordered a motion for a protective order to go to a magistrate judge.

Around two months after the US Securities and Exchange Commission (SEC) filed lawsuits against major exchanges Binance.US and Coinbase, targeting 19 cryptocurrencies that were designated as unregistered securities, the same tokens are showing signs of recovery.

Coinbase said it's received regulatory approval to bring federally regulated crypto futures trading to eligible customers in the US, sending shares sharply higher before the opening bell Wednesday. In June, the US Securities and Exchange Commission filed lawsuits against Binance and Coinbase, saying that the companies were in violation of the the law because they were operating as securities exchanges without registering with the agency. Coinbase said Wednesday that it had secured regulatory approval from the National Futures Association to operate as a futures commission merchant. The cryptocurrency exchange said that it filed its application with the association in 2021. Now that it has received approval, Coinbase says eligible US customers will be able to access regulated derivatives products through Coinbase Financial Markets, subject to the oversight of the Commodity Futures Trading Commission and the NFA. The company tweeted that it can now offers cryptocurrency futures contracts in bitcoin and ether. Futures are derivative contracts to buy or sell an asset at a later date at a price previously agreed to under a contract.

The Sei price has rocketed by 29% in the past 24 hours, surging to $0.256859 after the new utility token was added to Binance and other major exchanges yesterday.

Two private banks, Kapital Bank and Ravnaq Bank, got approval from the National Agency for Perspective Projects (NAPP) to participate in the digital sandbox of crypto regulation. They’ll issue plastic crypto cards, powered by Mastercard. 

As confirmed via email from a Binance spokesperson on August 15, Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on August 16.

Binance published a blog post on Monday teaching readers how to dispel commonly cited blockchain FUD related to the industry’s energy footprint and supposed environmental harm.

Crypto exchange Binance late on Monday filed for a protective court order against the US Securities and Exchange Commission, saying the regulator's requests for information were «over broad» and «unduly burdensome.» BAM Trading, Binance US' operating company, and BAM Management in a court filing in the US District Court of Columbia said the group had already provided sufficient information to the regulator. The protective order seeks to limit the SEC, among other things, to four depositions from BAM employees and to drop the deposition of BAM's chief executive and of its chief financial officer, without naming anyone.

Binance Connect, the regulated buy-and-sell crypto arm of Binance exchange, will shut down on August 16. Cointelegraph confirmed on August 15 via an email with a Binance spokesperson. 

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The price of ApeCoin (APE) has dropped by 2% in the past 24 hours, with its fall to $2.03 coming as the cryptocurrency market as a whole refuses to budge today.

Crypto exchange Binance late on Monday filed for a protective court order against the US Securities and Exchange Commission saying the regulator's requests for information were «over broad» and «unduly burdensome». In a court filing in the US District Court of Columbia, BAM Trading, Binance US's operating company and BAM Management said the group had already provided sufficient information to the regulator.

Binance has asked a court for a protective order against the Securities and Exchange Commission (SEC) over what the crypto exchange claims is a "fishing expedition" from the regulator.

bitcoin trading fees for the stablecoin. That sparked huge demand for TrueUSD as investors rushed to buy the stablecoin to enable free bitcoin trading. The exchange now controls more than 90% of all TrueUSD tokens currently in circulation, according to data from Arkham Intelligence.

TORONTO — Coinbase is rolling out Interac e-transfer integration as part of its Canadian offerings as it says it’s encouraged by the regulatory approach in the country.

Since January 2020, 291 crypto companies have applied for registration with the principal financial regulator of the United Kingdom, the Financial Conduct Authority (FCA). Only 13% of them successfully obtained a permit to operate in the country. 

American customers will not be able to buy crypto via the Revolut app from 2 September.

Half of all proceeds from fraud and financial scams in Australia are being washed through cryptocurrency platforms, according to data from the Australian Financial Crimes Exchange.

Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking platform. 

Binance, the global leader in cryptocurrency exchange by trading volume, has submitted an application for registration in Taiwan according to the Money Laundering Control Act and the Financial Supervisory Commission (FSC).