The CEO and Founder of Binance crypto exchange, Changpeng Zhao, has recently revealed that the problems of the exchange are a result of its fast growth.

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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. […]

Coinbase ($COIN), the Nasdaq-listed crypto exchange announced the expansion of its international institutional payment services earlier today. Global institutional clients were able to deposit only native fiat currencies, but starting today all institutional clients would have access to USD, EUR, or GBP and related trading pairs.  The exchange said it is committed to ensuring the

The post Tale of Two Crypto Exchanges, Binance in regulatory winter; Coinbase springing change appeared first on Coingape.

The Cayman Islands Monetary Authority (CIMA) is currently investigating Binance after reports of the world’s largest exchange operating in the country without a license surfaced. The Cayman Islands is considered to be crypto heaven and has acted as an alternate headquarters for many crypto exchanges who face trouble in their native country of origin. Until

The post Cayman Islands Authorities to Investigate Binance, Fresh Trouble or Another FUD? appeared first on Coingape.

Regulators in Japan, the United Kingdom and the Canadian province of Ontario have all tightened their grip on cryptocurrency exchanges. Binance has been caught in the crosshairs.

The holding did not specify which crypto exchanges were included on the caps imposed.

The FCA told Decrypt its consumer warning over Binance Markets Limited was based on AML concerns—and is NOT a ban.