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CZ Binance Dispelling FUDs Latest FUD reported by CoinGape involves allegations of arbitrage opportunities on Binance.US, where Bitcoin, Ethereum, and USDT were reportedly available at significant discounts compared to global spot prices. Renowned trader Peter Brandt voiced criticism, labeling it the “scam of the decade”. advertisement I believe this is the one of the big reasons Binance has such a tight team. We have always had external pressure, FUD, etc. As a result, we are constantly in the trenches together. – CZ Binance , July 10, 2023 Moreover, the departure of key executives from Binance .US has fueled speculation about the exchange’s stability following the lawsuit filed against it by the U.S. Securities and Exchange Commission (SEC) for alleged violations of securities laws. CZ Binance dismisses these departures as normal turnover and attributes concerns to FUD , maintaining that they are unrelated to the SEC action. ...

Also Read: Ripple Highlights CBDC Adoption; XRP Price Drops 3% advertisement In order to gain a VASP permit in Spain, Crypto.com went under review for compliance with Anti-Money laundering rules, AMLD, and other finance linked directives. The crypto exchange will now be able to provide its suite of products and services to Spain’s digital asset users. Kris Marszalek, CEO of Crypto.com stated that receiving the Virtual Asset Service Provider permit in Spain shows their commitment towards compliance in working with global regulators. Meanwhile, Crypto.com received a backlash over allegedly deploying internal teams to trade tokens for profit making. Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Progra...

Also Read: US SEC Refuses To Commit Deadline in Coinbase Crypto Clarity Case advertisement Binance Yet Reply On Deregistering As it is still in the shadow why Binance moved forward to deregister in Cyprus. Meanwhile, the exchange in October 2022 announced its registration with the nation’s Securities and Exchange Commission. Reports suggest that the biggest exchange never started its operation in Cyprus. However, Binance hasn’t responded to its recent action. Binance was permitted to offer spot trading, custody and several other services to Cyprus citizens. It crypto exchange agreed to comply with the nation’s anit money laundering rules with counter terrorist financing rules. Read More Binance News Here… The crypto exchange and its executives are facing legal tussle from the U.S. Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Recommended Articles ...