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“If territories are willing to come up with a balanced clear transparent approach, OKX would like to be regulated and licensed and operate in that jurisdiction,” Byun said.
The decision comes weeks after Binance Australia told customers they would lose access to Australian dollar deposits and withdrawals because payments provider Cuscal cut access.
A day later, the SEC asked a federal court to freeze Binance.US’ assets, including more than $2.2 billion held in crypto and some $377 million in U.S.
dollar bank accounts. The SEC expressed concern that the exchange could move those funds offshore.
The SEC alleged in 13 charges on Monday that Binance had in a “web of deception” artificially inflated trading volumes and diverted customer funds, as well as failing to restrict U.S.
customers from its platform.
A source at the regulator said on Wednesday that Binance never launched its business in Cyprus. It was unclear when Binance applied to deregister.
The exchange, the world’s biggest, announced its registration with the Cyprus Securities and Exchange Commission in October 2022.
(Reporting by John McCrank in New York Editing by Michelle Price, Chizu Nomiyama and Matthew Lewis)
Coinbase Chief Executive Brian Armstrong, an outspoken SEC critic who has led a push in Washington for clearer crypto rules, on Wednesday hit back at Gensler, calling him an “outlier” among Washington policymakers and accusing him of being “icy” when the company approached him about registration.
The SEC’s filing on Tuesday gave further examples of how Binance and Zhao, one of the most prominent figures in crypto, allegedly moved “billions of dollars” through the United States.
Trading platform Robinhood Markets said the next day that it was delisting three cryptocurrency tokens from its platform that the SEC identified as securities in its lawsuit against Binance.
Before trading futures, you are required to open a Binance Futures account while making use of the Binance app or through the Binance website.
Here you can register by entering email ID, accepting the terms and 币安折扣 conditions of use, and following the instructions given. After registering, you are eligible for margin trading or leveraged trading on Binance Futures.
“Further, we ensured that US customers will be able to withdraw their assets from the platform while we work to resolve the alleged underlying misconduct and hold Zhao and the Binance entities accountable for their alleged securities law violations,” he said.
The regulator is also consulting on additional guidance setting out expectations of firms advertising crypto to UK consumers. Those wishing to have their say have until 10 August to respond.
senators said in a letter released on Thursday. WASHINGTON, June 8 (Reuters) – The U.S.
Department of Justice should investigate whether cryptocurrency exchange Binance made false statements to Congress in a written response to lawmakers this year, two Democratic U.S.
Binance pledged to vigorously defend itself against the lawsuit, which it said reflected the SEC’s “misguided and conscious refusal” to provide clarity to the crypto industry.
“The SEC chair is really an outlier,” Armstrong said, adding that several lawmakers he had talked to were supportive of developing a clear regulatory framework for the technology.
(Reporting by Susan Heavey and Manya Saini; editing by David Goodman and Jason Neely)
Representatives for Binance did not immediately respond to a request for comment on the letter.
Representatives for the Justice Department could not be immediately reached.
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