Binance.US cuts third of staff as CEO Brian Shroder leaves: Report
The staff cut and departure comes amid legal action from United States regulators. Go to Source
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The staff cut and departure comes amid legal action from United States regulators. Go to Source
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices. Go to Source Powered by WPeMatico
“While USD withdrawal remains fully operational on the platform today, we expect our banking partners to discontinue that service in the near future,” said Binance.US. Go to Source Powered by WPeMatico
Customers will soon be able to load up the Voyager app and see how much will be available for withdrawal. Go to Source Powered by WPeMatico
U.S. District Judge Amy Berman Jackson has ordered the two entities to work towards a compromise. Go to Source Powered by WPeMatico
Binance.US said the moves are part of efforts to protect customers and the platform amid “extremely aggressive and intimidating tactics” by the SEC. Go to Source Powered by WPeMatico
One judge has ruled on a key crypto case of late, while the other has ruled on high-profile political cases in the U.S. in recent times. Go to Source Powered by WPeMatico
Stablecoins such as USDT and USDC were trading for 3% to 4% higher than par value at the time of publication. Go to Source Powered by WPeMatico
The U.S.-based exchange said it’s “fully operational” and called the SEC’s motion “unwarranted.” Go to Source Powered by WPeMatico
Changpeng Zhao is the crypto exchange’s founder, majority owner and chair. He is also the CEO and co-founder of the global crypto exchange, Binance. Go to Source Powered by WPeMatico