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Banks Embrace Digital Assets Amid Regulatory Challenges | Binance News …
2 days ago · Lead Bank has adopted a three-pronged approach to managing regulatory relationships. The first component is education, aimed at countering negative perceptions of crypto with real-life use cases that demonstrate the influence of digital assets on capital markets.
Binance, SEC reach agreement to keep US customer assets in country - CNN
Jun 18, 2023 · Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US...
Binance is now ‘totally different’: Interview with CEO Richard Teng
Dec 3, 2023 · Binance is now left to shoulder the ongoing cost and scrutiny that its settlement with U.S. authorities involves. This includes a five-year monitorship and significant compliance undertakings to...
Binance to Make 'Complete Exit' From U.S., Pay Billions to ... - CoinDesk
Nov 21, 2023 · Crypto exchange Binance will leave the U.S., pay billions in fines and appoint a monitor for five years to settle charges with the Financial Crimes Enforcement Network (FinCEN) and Office of ...
Binance’s $4.3bn fine was set high as a warning, says US regulator
Dec 5, 2023 · A top US financial regulator has said the $4.3bn penalty levied on Binance by authorities last month was set at a high level to act as a deterrent to other groups, after the world’s largest...
Under court deal with SEC, Binance can continue U.S. operations …
Jun 17, 2023 · The U.S. Securities and Exchange Commission and Binance have reached an agreement in court that lets the world’s largest cryptocurrency exchange continue to operate in the United States as it...
Binance publishes a major overview of global stablecoin regulation
3 days ago · Binance, the leading cryptocurrency platform, has released an overview of global stablecoin regulation, as revealed to Finbold on Tuesday, October 15. The current state of stablecoin regulation. Meant to maintain stable value by being pegged to traditional currencies and assets, stablecoins are gaining traction worldwide.
Binance CEO steps down, crypto platform hit with $4 billion ... - NBC News
Nov 21, 2023 · The CEO of Binance, the world’s largest cryptocurrency exchange, will step down after the company pleaded guilty Tuesday to violations of the Bank Secrecy Act, an anti-money laundering law ...