Binance’s Tech Workforce in China Draws US Regulators’ Attention
Binance.US, a subsidiary of Binance created to cater to US customers, reportedly maintains a significant technology workforce in China, as per sources cited by Bloomberg. However, the connection to China could potentially raise regulatory concerns for the company, as noted by the same source. ...
US Authorities Terminate $1 Billion Deal Between Voyager and Binance.US Cryptocurrency Exchange
Following a prolonged period of legal disputes, the US government has successfully halted a $1 billion deal between cryptocurrency lender Voyager, which filed for bankruptcy in July 2022, and the Binance.US cryptocurrency exchange. The decision was made by U.S. District Court Judge Jennifer Reard ...
Binance Responds to CFTC Lawsuit, Denies Violating Federal Laws
On March 27, the Commodity Futures Trading Commission (CFTC) made allegations against Binance, a popular cryptocurrency exchange, for not being registered in the United States and for violating federal laws that regulate commodity markets. Binance CEO, Changpeng Zhao, has swiftly responded to the ...