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Binance.US
Binance.US Promises to Restore US Dollar Services in 2025
- In a statement by the exchange's interim CEO, Norman Reed, the firm welcomed Paul Atkins' nomination as SEC Chair.
- Binance.US faced regulatory challenges at both the federal and state levels, leading to the loss of money transmitter licenses in seven states.
Thursday, 19/12/2024 | 18:56 GMT by
Jared Kirui
Binance.US Faces Setback as Appeals Court Validates HEX Token Manipulation
- Ninth Circuit disagrees with district court, finds valid claims in HEX price manipulation case.
- Binance.US and CoinMarketCap face renewed legal scrutiny after appeals court ruling.
Tuesday, 13/08/2024 | 07:13 GMT by
Tareq Sikder
Binance.US Lost Money Transmitter License in Seven US States
- North Dakota has become the latest state to cancel the money transmitter license of Binance.US.
- The exchange also paused new onboarding in Connecticut, Georgia, Ohio, Minnesota, and Washington.
Wednesday, 19/06/2024 | 07:06 GMT by
Arnab Shome
Binance Faces Legal Showdown as Judge Questions SEC Lawsuit Dismissal Request
- Last June, the SEC accused Binance's US arm of inflating volumes, diverting funds, and providing misleading information.
- The firm settled for $4.3 billion with the DOJ and CFTC over illicit finance breaches last year.
Monday, 22/01/2024 | 17:42 GMT by
Tareq Sikder
Binance.US's Challenges Continue: Trading Activity Hits New Lows
- Binance.US is facing a severe decline in trading activity in September 2023, hitting a low of $5.09 million.
- Binance.US halted trading for over 100 token pairs following the SEC's lawsuit.
Monday, 18/09/2023 | 08:04 GMT by
Tareq Sikder
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