Binance news – The Shib Daily

North Dakota Revokes Binance US License, Becoming Latest State to Take Action

June 19, 2024

North Dakota has become the latest state to revoke the money transmitter license of Binance.US, further escalating regulatory scrutiny of the popular cryptocurrency exchange, according to an announcement by the North Dakota Department of Financial Institutions (DFI), adding to the growing list of states

Markets·Policy·Regulation

Binance Suspends Cash Payments for P2P Crypto Trading in India

June 3, 2024

Major cryptocurrency exchange Binance has suspended cash payments for peer-to-peer (P2P) trading in India, citing regulatory compliance and enhanced security measures. The move comes amid a backdrop of increasing scrutiny of the crypto industry by Indian authorities. Effective immediately, Binance users in India can no longer buy or sell supported cryptocurrencies by depositing or receiving

June 20, 2024

India’s Financial Watchdog Fines Binance $2.2 Million for Regulatory Lapses

India’s Financial Intelligence Unit (FIU) has imposed a fine of $2.2 million