8/4/2023 0 Comments Binance usa regionYou can now also get .uk articles sent straight to your device. 2 Payment Methods Open Account USER REVIEWS COINS AVAILABLE ACCEPTED COUNTRIES PAYMENT METHODS BINANCE Review Bob Mason Binance is the world’s largest online cryptocurrency exchange by trading. įollow .uk on Twitter and Facebook for the latest news updates. Amid growing regulatory uncertainty in the West several crypto platforms have shifted their focus toward the Asia Pacific region. Got a story? Get in touch with our news team by emailing us at Or you can submit your videos and pictures here.įor more stories like this, check our news page. The company is now in bankruptcy, and its disgraced CEO Sam Bankman-Fried is now facing criminal charges for securities fraud and wire fraud. The lawsuit comes months after Binance’s former top competitor FTX collapsed in part due to similar allegations of mishandling customer funds. ‘Any allegations that user assets on the Binance.US platform have ever been at risk are simply wrong,’ the company said. The company also said all American customer funds held by Binance.US are ‘safe and secure.’ Trusted by over 120 million users worldwide, Binance allows you to securely buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, Chainlink, Rune, Cardano, Binance Coin, SHIB, and much. ‘We intend to defend our platform vigorously.’ Binance.US is redefining the fee and incentive structure, starting with zero-fee Bitcoin trading. Some crypto exchanges like Binance.US offer easy-to-use tools that allow customers to convert their dust to cryptocurrencies like BNB. Binance.US is the only major crypto platform available in the United States to offer zero-fee Bitcoin (BTC) spot trading across BTC/USD, BTC/USDT, BTC/BUSD, and BTC/USDC for all traders, with. ‘While we take the SEC’s allegations seriously, they should not be the subject of an SEC enforcement action, let alone on an emergency basis,’ Binance said. As a Binance.US user, you can use BNB to pay for trading fees for an even bigger discount. Crypto debit cards have taken off in a big way and now Binance has joined the fray. In a written statement published shortly after the SEC’s announcement, Binance called the charges ‘disappointing’ and ‘disheartening.’ The exchange said they were working with the regulatory body to address their concerns before the charges were filed. ‘In one instance, the Binance chief compliance officer messaged a colleague that, “e are operating as a fking unlicensed securities exchange in the USA bro,”’ the SEC said. The complaint alleges that Zhao personally directed these moves to break US law. They also say Binance allowed certain ‘high-value US customers’ continued access to the original Binance exchange despite being banned from operating in the country. Boy, 8, and mum seeking apprentices for lemonade stand are reported to authoritiesĮarlier on Monday, Reuters reported that a single Binance executive, Guangying Chen, was the primary operator of five accounts that held American customer funds in Binance.US.Īs the primary operator, employees at the allegedly independent Binance.US had to ask Chen for permission to process payments from those accounts.
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