Regulators worldwide are cracking down on Binance with Thailand becoming the latest jurisdictions. Meanwhile, Barclaycard has suspended credit card payments to the largest cryptocurrency exchange. SEC files criminal lawsuit in Thailand Criminal investigation was initiated by the Securities and Exchange Commission Thailand. Their accusation: Binance is operating an unlicensed, and therefore illegal digital asset business. […]
UK’s Barclays bank has suspended debit and credit card payments to Binance cryptocurrency exchange, claiming that it reached such a decision after obtaining...
Banking giant Barclays’ clients in the UK can no longer transfer funds to Binance after the bank indefinitely banned credit and debit card transactions to the exchange, according to recent reports. The ban comes roughly two weeks after the UK regulator Financial Conduct Authority (FCA) stated that Binance Markets Limited, the firm’s UK operations, was […]
Binance, the world’s largest crypto exchange by trading volumes, is now at the risk of losing its global dominance. The recent regulatory crackdown from some of the top regulators worldwide is putting Binance in a bad light. Institutional-grade crypto market data provider Kaiko notes that the recent “onslaught” of regulatory action is putting pressure on
The Bitcoin.org website was hit by a distributed denial-of-service(DDoS) attack on Tuesday that was followed by a ransom demand to restore its services.
British banking giant Barclays is prohibiting customers from using their debit and credit cards to make payments to the world’s largest cryptocurrency by trading volume, Binance. Barclays appears to be sending text messages to their customers, informing them that the bank is halting payments to the crypto exchange until further notice, the Financial Times reported. […]