Binance

Binance has completed coverage of assets affected by its security incident, after committing more than $6.34 billion in company funds to cover the losses.

The crypto exchange is in talks on the “viability and structure of licensed business model in Malaysia”, the spokesperson added.

Binance, one of the world's largest cryptocurrency exchanges, is investigating a security incident that it estimates has an overall impact of about $6.3 billion, and will cover all losses.

Binance, among the largest cryptocurrency exchanges in the world, is recruiting a General Manager for its office in Vietnam.

Binance, the global blockchain ecosystem behind the world's largest digital asset exchange by trading volume and users, announced Wednesday that its Co-founder Yi He, has been appointed as Co-Chief Executive Officer (Co-CEO).

Binance’s Founder and Chief Executive Officer, Changpeng Zhao, a Canadian national, also pleaded guilty to failing to maintain an effective anti-money laundering (AML) program, in violation of the BSA and has resigned as CEO of Binance.

Crypto asset trading platform Binance's Dubai subsidiary Binance FZE has become the first exchange to receive the operational minimum viable product (MVP) license from Dubai's Virtual Asset Regulatory Authority (VARA). 

Crypto asset trading platform Binance has launched Binance Japan, its new platform designed for the Japanese market. Binance believes this to be a significant milestone in the country’s Web3 journey and hope to deliver an unmatched crypto experience to its users in Japan.

The US Securities and Exchange Commission (SEC) on Tuesday charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.

Charges include operating unregistered exchanges, broker-dealers, and clearing agencies; misrepresenting trading controls and oversight on the Binance.US platform; and the unregistered offer and sale of securities.