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Showing 1 - 10 of 16 results for %22Binance%22

Bitcoin hits fresh high as investors await halving event

ELIZA BAVIN  |  WEDNESDAY, 13 MAR 2024
... and Fidelity were among 11 spot Bitcoin ETF issuers that received the much-awaited approvals for their ETFs. Ben Rose, Binance Australia and New Zealand general manager, said he is excited to see the growing interest in crypto among new investors. "We've ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... accountable for its misconduct and sending a message to others to come into compliance." The crypto contagion continued with Binance and its chief executive Changpeng Zhao pleading guilty to federal charges relating to violations linked to the Bank Secrecy ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 retail investors since March 2021. In addition to Binance, Capital ...

BlackRock Bitcoin ETF: A landmark institutional event?

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... more comfortable using a product from a recognised name like Fidelity or Charles Schwab than they would with Coinbase or Binance," he said. "In Wall Street, it's brand name that has the biggest pulling power. Breaking into the market and competing ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... (SEC) filed a suit against Coinbase for, among other things, allowing users to trade unregistered securities. It follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules, operating as a broker, clearing agency ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... and its chief executive Changpeng Zhao for allegedly lying to regulators and mishandling billions of investor dollars. Binance Holdings, BAM Trading Services, BAM Management and Zhao face a total of 13 charges, with the SEC claiming the company and stakeholders ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
ASIC cancelled the financial services licence of Binance following concerns about the cryptocurrency exchange's operations in Australia. Effective April 6, the AFSL of Oztures Trading, which trades as Binance Australia Derivatives, was cancelled. From ...

Global crypto platform expands to Australia

ANDREW MCKEAN  |  THURSDAY, 30 MAR 2023
... here will benefit our business globally." Nevertheless, OKX's market share of 5.9% trails behind industry giants like Binance (67%) and Coinbase (8%). Further, OKX faces stiff competition from popular domestic platforms such as Swyftx and CoinSpot. Despite ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Binance and its chief executive Changpeng Zhao have been charged by the Commodity Futures Trading Commission (CFTC) following claims of "willful evasion of US law." The CFTC announced it filed a civil enforcement action in the US District Court against ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... that the continent is primed for crypto adoption, with not more than 20% of the population banked. The report added that Binance has also been strategically growing its legal and compliance team to make its ambitions a reality. Meanwhile, the crypto ...
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