Binance partner barred by UK financial watchdog from publishing cryptocurrency ads

Binance partner barred by UK financial watchdog from publishing cryptocurrency ads

UK financial watchdog restricts Binance partner from issuing crypto ads The UK’s Financial Conduct Authority (FCA) has placed restrictions on peer-to-peer lending platform Rebuildingsociety, which partnered with cryptocurrency exchange Binance for compliance with the FCA’s marketing rules. The FCA stated that Rebuildingsociety was not authorised to approve the content of any financial promotion related to … Read more

Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

Binance, U.S. Affiliate, Changpeng ‘CZ’ Zhao File to Dismiss SEC Lawsuit

According to the filing, Congress has evaluated numerous proposals since 2019 to establish a structured and practical framework for crypto assets and their trading platforms. Importantly, none of these proposals aimed to grant exclusive regulatory jurisdiction to the SEC over the cryptocurrency industry. Despite this, the SEC has filed a lawsuit seeking to extend its … Read more

Binance CEO Refutes Rumors of Receiving $250 Million Loan from Exchange

Binance CEO Refutes Rumors of Receiving $250 Million Loan from Exchange

Binance CEO Responds To Rumors That He Received A $250 Million Loan From The Exchange Binance CEO Changpeng “CZ” Zhao has denied claims that he received a $250 million loan from BAM Management. The claims were made in a report following a court filing related to a lawsuit between Binance and the US Securities and … Read more