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Binance CEO CZ deems SEC’s request for emergency relief unwarranted

Binance CEO CZ deems SEC’s request for emergency relief unwarranted

Binance CEO Changpeng “CZ” Zhao expressed his happiness and relief as a prolonged dispute with the United States Securities and Exchange Commission (SEC) was successfully resolved. The SEC’s ongoing scrutiny had created a tense and uncertain period for the company, making...

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Binance France under Probe over ‘Illegal’ Crypto Service, Money Laundering: Report

Binance France under Probe over ‘Illegal’ Crypto Service, Money Laundering: Report

Binance’s local unit in France is being investigated by public prosecutors in Paris over ‘illegal’ provision of crypto services before it was licensed in May last year, CoinDesk reports. The exchange is also being probed for ‘acts of aggravated...

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Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents

Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents

On March 31, 2021, Tether claimed it had more than $35.5 billion in U.S. dollar equivalents at these institutions, according to the documents. They were shared with CoinDesk by the New York Attorney General’s office (NYAG) in response to...

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Hong Kong Reportedly Pushing Top Banks to Support Crypto Firms

Hong Kong Reportedly Pushing Top Banks to Support Crypto Firms

Hong Kong’s central bank is reportedly pushing HSBC, Standard Chartered, and the Bank of China, to accept cryptocurrency companies as clients, the Financial Times reported today (Thursday), citing three people familiar with the matter. Explore limitless, instant crypto swaps....

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