Chamber of Digital Commerce assigns lawyer to argue against SEC in court as part of Coinbase case

cyptouser11 months ago265
The Chamber of Digital Commerce, a leading voice representing the trillion-dollar U.S. digital asset...

Friend.tech driving Base transaction spike, Coinbase CEO reveals

cyptouser11 months ago304
Brian Armstrong, Coinbase CEO, highlighted how Friend.tech, a decentralized social application, is h...

Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp

cyptouser11 months ago302
Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp
Prompted by regulatory pressures, Binance.US is transitioning to a crypto-only exchange, r...

Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJ

cyptouser11 months ago266
Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJ
According to an Aug. 22 Wall Street Journal report, Binance continues to process transacti...

Binance and The Weeknd mix music, crypto, and philanthropy in upcoming tour

cyptouser11 months ago246
Crypto exchange Binance is sponsoring The Weeknd’s “After Hours Til Dawn” tour in Australi...

Rising stock of regulated crypto companies as OANDA acquires Coinpass

cyptouser11 months ago264
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FTX bankruptcy hearing set for Thursday outlines key agenda

cyptouser11 months ago272
FTX bankruptcy hearing set for Thursday outlines key agenda

FTX Trading Ltd has filed an agenda for the next bankruptcy hearing on Aug. 23 before Judg...

Circle and Coinbase to dissolve Centre; USDC will remain fully available

cyptouser11 months ago275
Coinbase and Circle said in a blog post on Aug. 21 that Centre — the consortium originally...

Binance begins limiting access to SEPA customers more than a month ahead of announced deadline

cyptouser11 months ago249
Binance begins limiting access to SEPA customers more than a month ahead of announced deadline

Binance has started the process of early account closures for a select group of its customers within the SEPA (Single Euro Payments Area). This move comes ahead of the previously announced termination of SEPA services on 25th September 2023 due to disruption with their EUR Fiat payments partner, Paysafe.

Several Binance users in the SEPA region reported receiving emails regarding the early closure of their accounts. According to an email sent to customers, specific “high frequency Paysafe services user[s],” these accounts would be closed early “to speed up the refunding process and to make sure that everything is in order,” before promising refunds “as soon as possible.”

A Binance spokesperson confirmed the early closures in a comment emailed to CryptoSlatae:

“The SEPA deposit and withdrawal service will continue until 25 September as originally communicated. As we approach that date, some users may occasionally be asked for more information as part of routine compliance checks, which could lead to early closure of their accounts. We apologize for the inconvenience and it is important to note that we will have alternatives for our users in place before the end of the SEPA service.”

Earlier reports had highlighted Binance’s plan to cut off SEPA services for its users by September 25th. This decision followed the company’s loss of its Euro payment partner and subsequent denial of licensing in Germany.

Binance has started the process of early account closures for a select group of its customers w...

FTX revises bankruptcy court motion to expedite crypto claim settlements

cyptouser11 months ago295
FTX revises bankruptcy court motion to expedite crypto claim settlements

FTX Trading Ltd. has filed a revised motion seeking bankruptcy court approval of streamlin...