Binance Group has filed an application with the UK Financial Conduct Authority (FCA) to revoke the registration of its subsidiary Binance Markets Limited (BML). The application was approved by the regulator. According to Ilir Laro, Binance Country Manager for Development in the UK and Europe, the deregistration of Binance Markets did not affect the operations of the Binance Group in any way, since the subsidiary did not conduct any activities. “BML was acquired by Binance

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The Binance Flexible Loan Platform announces that the delisting of the PEPE Memtoken will take place on June 21st. On that date, the exchange will forcibly close all outstanding lending positions. Binance has officially notified users of the Flexible Loan lending platform that Pepecoin will be delisted in five days at 08:00 UTC sharp and strongly recommended that they pay off their loan orders before the specified date. The platform team has warned that users

The North Carolina gubernatorial candidate expressed support for the SHIB memetic crypto asset, declaring his intention to buy a lot of coins. Amid the turbulence of the crypto market, American politician Shannon Bray tweeted his enthusiasm for SHIB. It all started when an influential member of the Shiba Inu community, using the pseudonym SHIB KNIGHT, asked subscribers what meme cryptocurrencies they were buying in 2023. Bray replied in the comments that he was going to

The Central Bank of Thailand, together with several commercial banks, will begin testing the retail digital baht in a special regulatory sandbox. Testing will last until August 2023. The project will involve Bank of Ayudhya (Krungsri), Siam Commercial Bank and Singaporean payment service provider 2C2P. These institutions will give selected users access to an app and wallet for the digital Thai baht, as well as a special QR code. Krungsri is going to involve up

The Polygon Labs team came out in defense of their MATIC cryptocurrency, expressing disagreement with the fact that the US Securities and Exchange Commission (SEC) called it an unregistered security. Last week, the SEC filed lawsuits against cryptocurrency exchanges Binance and Coinbase, classifying SOL, ADA, FIL, SAND, MANA, ALGO, AXS and MATIC cryptocurrencies as securities. In response, the Polygon Labs team said on Twitter that the company has always operated internationally and has not only

Crypto giant Binance is allocating a lot of money to litigate with the US Securities and Exchange Commission (SEC), the creator of the Bitboy Crypto YouTube channel said, citing a company lawyer. “I spoke with a Binance lawyer: they have allocated $1 billion to fight the SEC. Basically, the exchange could hire all the major law firms at once to fight for the company,” Ben Armstrong tweeted. By comparison, Ripple spent just $150 million fighting

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The American division of the cryptocurrency exchange Binance announced the imminent shutdown of deposits in US dollars due to the decision of banking partners. This is due to a lawsuit against the stock exchange from the SEC. Recall that the US Securities and Exchange Commission (SEC) sued the Binance exchange and its founder Changpeng Zhao, and later a similar lawsuit was filed against the Coinbase exchange. The regulator also issued an order to freeze the

The largest American cryptocurrency exchange Coinbase has gone the way of Binance, having received a lawsuit from the US Securities and Exchange Commission (SEC). According to the lawsuit, Coinbase has been operating in the country since 2019 as an unregistered broker and trades in cryptocurrencies, which are securities. The authors of the lawsuit claim that Coinbase “has never registered as a broker, national securities exchange or clearing agency”, thereby avoiding disclosure of information to the