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“# Class action lawsuit against Binance targets exchange’s futures trading ” A group of Italian and international investors have filed a class action suit against major crypto exchange Binance, alleging the firm violated its own rules on futures trading. In a Tuesday announcement, Italy-based legal and consulting firm Lexia LEXIA Avvocati said it would be…
“# 3 reasons why Enzyme Finance (MLN) is up 92% in a week ” Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money. One DeFi focused project that…
“# Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments ” Barclays’ decision to stop facilitating British customers’ payments to Binance has been met with criticism by the cryptocurrency exchange after a spokesperson told Cointelegraph that the bank acted with “an inaccurate understanding of events.” “We are disappointed that Barclays appears to have taken…
“# Barclays tells cardholders it’s stopping payments to Binance ” Customers have been reporting that Barclays, a British multinational universal bank, has been blocking payments to Binance cryptocurrency exchange over the last week. The financial services giant has confirmed to cardholders that Barclays debit/credit card payments to the cryptocurrency exchange will not be allowed until…
“# Thai SEC and Cayman Islands regulator take action on Binance ” Binance, the leading cryptocurrency exchange by trade volume, continues facing scrutiny from regulators regarding the legality of its operations in certain countries. Thailand’s Securities and Exchange Commission (SEC) and the Cayman Islands Monetary Authority (CIMA) are the latest financial regulators to announce a…
“# Binance resumes fiat withdrawals via Faster Payments in UK ” Leading decentralized crypto exchange by trade volume Binance has restored British pound withdrawals using the Faster Payments network. On June 28, Binance uploaded a notice revealing that withdrawals via Faster Payments, a popular United Kingdom-based inter-bank payments platform, had been suspended for maintenance. The…
“# CoinMarketCap launches Ethereum token swaps powered by Uniswap ” CoinMarketCap (CMC) has launched a token swap feature on its website through an integration with decentralized exchange Uniswap. CMC is one of the most well known crypto market data aggregators in the industry and has been owned by Binance since April 2020. The site’s Ethereum-based…
“# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges ” The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to…
“# Binance tackles travel rule compliance after multiple bans ” Binance, the world’s top crypto exchange by daily traded volume, has faced a quick succession of bans on its operations in three different jurisdictions: Ontario in Canada, Japan and the United Kingdom. While affected users adjust to these quickfire developments, the platform appears to be…
“# Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown ” Binance’s U.K. customers are currently unable t use the popular local payments provider, Faster Payments, to withdraw British pounds (GBP) from the exchange. On Monday, June 28, a notice on the Binance website declared that GBP withdrawals via Faster Payments had been…