The spectacular rise of the cryptocurrency industry has presented a fresh challenge for financial regulators. Some researchers and policymakers have warned the overly aggressive crypto market regulation might clutter the promising new financial asset class. Others have indicated that businesses could flee the jurisdictions whose regulations they consider ‘anti-crypto’ to the less regulated jurisdictions. Moreover, some have suggested that crypto regulatory actions will inspire market activity by offering clarity to participants.
Nigeria's Securities and Exchange Commission (SEC) declared the exchange and its subsidiary, Binance Nigeria Limited, "illegal."
The SEC's primary contention is that Binance...
Over the years, exchanges have evolved, with new platforms introducing innovative features and services.
The first cryptocurrency exchange, BitcoinMarket.com, was launched in 2010,...
Binance is a leading cryptocurrency exchange platform with millions of users across the world
The platform suspended the withdrawal of Bitcoin twice in...
International crypto exchanges Binance and Ovex are among the names that have publicly made statements about buying banks
The regulation of banks also...
Binance CEO, Changpeng Zhao, announced the deployment of Binance's Industry Recovery Fund, which aims to support struggling crypto traders during FTX's calamitous bankruptcy.
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Bitcoin earned a Guinness world record 2023 recognition as the most valuable decentralized cryptocurrency
El Salvador received recognition as the first country to...
Cryptocurrency futures contracts are derivative products that allow market participants to enter into contracts for future purchase or sale of underlying assets (cryptos)...