# South Africa’s financial regulator issues warning against Binance

# South Africa’s financial regulator issues warning against Binance

“# South Africa’s financial regulator issues warning against Binance ” South Africa’s Financial Sector Conduct Authority (FSCA) has warned the country’s public against dealing with crypto exchange platform Binance. In a statement issued on Friday, the FSCA stated that Binance Group, an “international company” domiciled in Seychelles, was not authorized to render financial services in…

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# Binance Australia onboards former DigitalX exec as new CEO

# Binance Australia onboards former DigitalX exec as new CEO

“# Binance Australia onboards former DigitalX exec as new CEO ” Binance Australia has announced the appointment of Leigh Travers, the former chief executive of local blockchain technology and payments firm DigitalX, as the company’s new CEO. Travers has worked at DigitalX for seven years, and previously served on the board of leading local blockchain…

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# 3 ways traders use Bitcoin futures to generate profit

# 3 ways traders use Bitcoin futures to generate profit

“# 3 ways traders use Bitcoin futures to generate profit ” Whenever there’s data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it’s degenerate gamblers using high leverage or other risky instruments. There’s no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but…

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# Binance lawsuit: Claimants mount up in arbitration for decentralization

# Binance lawsuit: Claimants mount up in arbitration for decentralization

“# Binance lawsuit: Claimants mount up in arbitration for decentralization ” When does decentralization stop being an experiment in technological democracy and start being a way to avoid accountability? That’s the question at the heart of a potential $100 million arbitration lawsuit against cryptocurrency exchange Binance, where close to 1,000 traders seek damages for losses…

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# Binance incapable of effective supervision, British regulator states

# Binance incapable of effective supervision, British regulator states

“# Binance incapable of effective supervision, British regulator states ” The United Kingdom’s Financial Conduct Authority (FCA) released a supervisory notice on Wednesday, stating that prominent crypto exchange Binance is incapable of being effectively supervised and exposes users to financial risk. The FCA notice — originally dated June 25 — was in relation to Binance’s “complex…

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# Binance denies allegations of market manipulation

# Binance denies allegations of market manipulation

“# Binance denies allegations of market manipulation ” Major cryptocurrency exchange Binance is pushing back against allegations of market manipulation and working against the interest of its users. In a Monday Twitter thread, Binance seemingly laid the blame for any claims of manipulating the crypto market on publications spreading fear, uncertainty, and doubt as well…

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