In a significant move, the North Dakota Department of Financial Institutions has revoked Binance US’s money transmitter license, citing the company’s failure to comply with state laws and the ongoing legal issues of its founder, Changpeng Zhao. This decision deals a major blow to the cryptocurrency exchange’s operations within the United States. Non-Compliance with North…
Binance, the world’s leading cryptocurrency exchange by trading volume, announced a significant achievement: surpassing 200 million registered users globally on June 8th. This number dwarfs reported figures from any competitor, though it’s important to note these are self-reported by Binance. Marking the occasion, Binance took to social media, highlighting the 200 million mark as a…
Good news for crypto buyers! Mastercard users can now once again purchase cryptocurrencies on Binance, the world’s largest exchange. This comes after Mastercard had disabled the option in August 2023. The previous suspension coincided with legal troubles for Binance in the US. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC)…