PYMNTS-MonitorEdge-May-2024

cryptocurrency exchange

A cryptocurrency exchange or a digital currency exchange (DCE) is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

Source: en.wikipedia.org

Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
Coinbase Fined $4.5 Million Over ‘High Risk’ Customers
July 25, 2024  |  Cryptocurrency

Coinbase has been fined $4.5 million by a U.K. regulator for serving “high-risk” customers. The fine, announced Thursday (July 25) by the Financial Conduct Authority (FCA), was levied against a...

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Binance France Director Resigns, 5th Top Exec to Leave in 4 Months
Binance France Director Resigns, 5th Top Exec to Leave in 4 Months
October 18, 2023  |  Personnel

Stéphanie Cabossioras has resigned as the managing director of Binance’s French unit, the latest in a line of leaders to depart the cryptocurrency exchange. Cabossioras,...

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Binance Introduces Social Platform Focused on Web3 Trends
Binance Introduces Social Platform Focused on Web3 Trends
October 12, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance has rebranded its social platform, formerly known as Binance Feed, to Binance Square. The rebranding reflects the platform’s transformation from a content aggregator to a...

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Binance Exits Russia With Sale to Fledgling Crypto Firm CommEX
Binance Exits Russia With Sale to Fledgling Crypto Firm CommEX
September 27, 2023  |  Cryptocurrency

Binance says it will exit the Russian cryptocurrency market as part of its compliance strategy. The world’s largest crypto company announced Wednesday (Sept. 27) that it had agreed...

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Binance in ‘Do or Die’ Mode as Traders Imagine Life Without Exchange
Binance in ‘Do or Die’ Mode as Traders Imagine Life Without Exchange
September 26, 2023  |  Cryptocurrency

What would happen if the world’s largest cryptocurrency company suddenly collapsed? It’s a question the industry is asking about Binance, The Wall Street Journal reported Tuesday (Sept. 26),...

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Sam Bankman-Fried’s Defense Lawyers Seek Delay in Fraud Trial
Sam Bankman-Fried’s Defense Lawyers Seek Delay in Fraud Trial
August 30, 2023  |  Legal

The criminal fraud trial of FTX founder Sam Bankman-Fried is reportedly facing a potential delay. Bankman-Fried’s defense lawyers have raised concerns about the limited time...

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Mastercard to Terminate Co-Branded Card Partnership With Binance
Mastercard to Terminate Co-Branded Card Partnership With Binance
August 24, 2023  |  Cryptocurrency

Mastercard will terminate its partnership with cryptocurrency exchange Binance Holdings. This decision will impact all four of Mastercard’s co-branded card programs with Binance, which are in Argentina,...

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Binance.US Partners With MoonPay to Convert Dollars to Tether
Binance.US Partners With MoonPay to Convert Dollars to Tether
August 22, 2023  |  Cryptocurrency

To regain access to a steady flow of dollars, Binance.US, the American arm of the cryptocurrency exchange, has teamed up with MoonPay, a payment startup....

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FTX Founder Charged With Using Customer Funds for Political Contributions
FTX Founder Charged With Using Customer Funds for Political Contributions
August 14, 2023  |  Cryptocurrency

FTX founder Sam Bankman-Fried has been charged with using stolen customer funds to make more than $100 million in political campaign contributions. This allegation is...

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