Binance us news11/16/2023 This move was likely a response to the increased regulatory scrutiny that Binance has faced, including legal actions by the SEC. Sign up here ( Kitco News) - Binance.US, the American arm of the world’s largest crypto exchange, will no longer process U.S. As reported by Todayq News on August 25, 2023, Mastercard ended its partnership with Binance for crypto card programs in South American countries, including Argentina, Brazil, and Colombia, on September 22, 2023. This lawsuit has also affected multiple Binance partnerships, including one with MasterCard. Binance.US criticized the SEC for using aggressive tactics in what it deemed an ideological campaign against the American digital asset industry. Customers were urged to withdraw USD via bank transfer, with potential delays due to high demand. ![]() On June 9, 2023, in response to an SEC enforcement action, Binance US temporarily halted USD deposits and withdrawals on June 13, becoming a crypto-only platform, as reported by Todayq News. Binance US’s challenges appear far from over. It accused Binance of breaking numerous US financial laws, including rules intended to thwart money laundering. Additionally, a judge recently granted the SEC’s request to unseal documents related to the case, which are expected to be available soon. The SEC accused Binance US of non-cooperation in the investigation and claimed it provided only 220 documents during the discovery process. Under his leadership, raised capital, improved its product…- CZ □ Binance September 15, 2023 Binance.US CEO Brian Shroder is no longer with the company, a spokesperson confirmed to The Associated Press. ![]() affiliate is leaving the crypto trading platform amid another round of job cuts. ![]() There has been some speculation regarding recent management changes at Brian Shroder is taking a deserved break after accomplishing what he set out to do when he joined two years ago. The logo for cryptocurrency site Binance appears on a mobile phone, in New York, Jan.
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