Binance customers located in the United States are now able to generate Web3 domains on Polygon that serve as digital identities in partnership with Unstoppable Domains.
Binance.US has abandoned its plans to acquire Voyager Digital's assets due to regulatory hurdles in the United States, leaving the future of the bankrupt crypto lender uncertain. Federal and state regulators objected to the deal, arguing it might violate securities laws and registration rules. The situation highlights the need for a clear and uniform legal framework in the United States, as well as open communication between industry players and regulatory agencies.
The most recent tweets from Voyager Digital indicate that Binance.US has terminated its agreement to acquire assets from the defunct cryptocurrency lender.
The recently developed tool sources its information from Binance Academy.
Binance has announced the removal of Shiba Inu (SHIB), 1INCH, Trust Wallet Token (TWT), and Frax Share (FXS) from the Innovation Zone.
Binance.US has announced the removal of TRON and Spell tokens from its trading platform as part of a periodic assessment. The value of both tokens fell after the announcement, with delisting set to take place on April 18. Justin Sun, founder of TRON, claimed that the impact of the decision would be relatively small. Regulatory pressures have led to a series of similar delistings in recent months.
On April 18, 2023, Binance.US will be removing Tron (TRX) from its digital asset listings following a routine evaluation.
Binance CEO Changpeng Zhao, also known as CZ, will speak at the 2023 Hong Kong Web3 Carnival, an event for discussing developments in blockchain technology. He will be the final speaker on the first day and talk about "CeFi From Now On." CZ founded Binance in 2017, growing it into a multibillion-dollar company with over 10 million clients worldwide. The event is an opportunity for information exchange and commercial cooperation in the blockchain industry.
Binance's latest developments suggest that its US-based affiliate is currently facing challenges in securing an appropriate banking partner.
According to recent reports, the Dubai regulator is imposing increased scrutiny on Binance, which has prompted the exchange to provide additional information.
No data