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Binance
Binance MENA General Manager on Region's 'Progressive Regulatory Framework'
"Companies around the world...are all moving or looking at moving to the Middle East because of progressive regulatory framework," Binance MENA General Manager Alex Chehade said. Plus, Chehade discusses how the regulatory landscape in the Middle East and North African region compares to guidelines in the U.S.
Binance MENA General Manager on Future of Crypto
Binance CEO Changpeng "CZ" Zhao is shedding new insights on the crypto exchange's presence in the Middle East and North Africa, commonly referred to as "MENA," after a recent AMA about the region. Binance MENA General Manager Alex Chehade discusses his outlook for crypto in Dubai and MENA at large, citing the benefits of the "progressive regulatory framework" in the region.
Binance Turned Down Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance recently turned down an offer to acquire Tron blockchain founder Justin Sun’s ownership stake in rival exchange Huobi, according to a CoinDesk source. “I must point out that in the past week or so, I have not proposed any offer to [CZ] regarding the purchase of [Huobi], nor have we even discussed Huobi in the past week or so,“ Sun tweeted after the story came out.
First Mover Americas: Bitcoin Buckles the Day Before U.S. Jobs Report
The latest price moves in crypto markets in context for April 6, 2023.
Binance Australia's Derivatives License Cancelled Following Request by Exchange
The exchange will close all of its customers' open derivatives positions by April 21.
Binance Rejected Justin Sun’s Offer to Buy His Huobi Stake: Source
Binance has no interest in buying Huobi due to its rumored ties to China, according to a person familiar with the situation.
Kevin O'Leary on Future of Crypto Exchanges, Regulation
A trio of Canadian crypto exchanges WonderFi, Coinsquare and CoinSmart are confirming plans to merge, creating what would be one of the world's largest crypto trading platforms. O'Leary Ventures Chair Kevin O'Leary and Dean Skurka, President and Interim CEO of WonderFi, discuss the move and how Canada, as a crypto "guinea pig," offers regulatory clarity in ways that the U.S. doesn't. O'Leary also weighs in on the recent regulatory scrutiny Binance and Coinbase are facing in the U.S.
Kevin O'Leary Weighs in on Future of Binance
Binance, the world’s largest crypto exchange, has seen a sizable drop in market share after the U.S. CFTC accused it of fraud. O'Leary Ventures Chairman Kevin O'Leary weighs in on the outlook for Binance, stating it has two options: "sit down with the regulators, pay the penalty and disclose ownership ...[or] remain in the shadows."
Binance's Market Share Hits Lowest Since November After CFTC Lawsuit: Kaiko Data
Binance remains the world’s largest crypto exchange by volume, but it’s seen a dramatic drop in market share after a U.S. regulator accused it of fraud and the exchange eliminated zero-fee trading for some trading pairs. This comes as Binance's BNB token is rebounding after dropping sharply on an unverified rumor that CZ faced an international law enforcement request to detain him. The tweet was from the private Twitter account of crypto influencer Cobie.