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CATEGORY: samuel lim


Mar 27, 2023 10:30

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, [...]

The post Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules appeared first on Crypto Breaking News.

Apr 09, 2023 05:55

Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry

Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say [...]

The post Report: Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry appeared first on Crypto Breaking News.

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