Australian Payment Provider Cuscal Imposes New Restrictions on Crypto; Industry Body Criticizes Move
Payments provider Cuscal, through its partner Zepto, has brought new banking restrictions on cryptocurrency exchanges in Australia.
Binance
UK Financial Watchdog Cancels Binance Permissions on Firm’s Request
U.K.’s Financial Conduct Authority said Binance’s local unit is no longer authorized to provide any regulated services in the country.
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday.
SEC Enforcement Director: ‘We’re Not Concerned With the Labels’ in Crypto Cases
Rutgers Law Vice Dean Yuliya Guseva (left) and SEC Enforcement Director Gurbir Grewal (Nikhilesh De/CoinDesk)
Binance Under Investigation in France for ‘Aggravated’ Money Laundering
Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks.
Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
A U.S. federal judge on Tuesday rejected SEC’s request to order a freeze on Binance.US’ assets – provided the parties could agree on limits.
Binance Seeks to Withdraw Cyprus’ Unit Crypto Service Registration
Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year.
Binance’s Nigeria Unit Ordered to Halt ‘Illegal’ Operations by Securities Watchdog
The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.
SEC Clampdown Spurs $4B Deposit Flight From Binance, Coinbase and Binance.US
The exchanges, targeted by the SEC for violating federal securities laws, have endured a significant wave of user withdrawals but managed to process transactions in an orderly fashion so far.
Binance’s BNB Token Saw Millions in Sell Orders Right Before SEC Lawsuits
In trading, timing is everything and it appears that some traders put in well-timed sell orders for BNB, ahead of the massive SEC crackdown against crypto exchange Binance on June 5.