![]() Securities and Exchange Commission sued Binance and CEO Changpeng Zhao, alleging that they engaged in the unregistered offer and sale of securities and commingled investor funds with their own. The latest blow to the crypto giant follows a tumultuous few months for the broader cryptocurrency industry. "While Binance is disappointed that this has become necessary, it will continue to engage productively and transparently with Dutch regulators." ![]() "Existing Dutch resident users are being sent an email with comprehensive information about what this means for their accounts and any assets they currently have on the Binance platform, alongside any steps they will need to take," a Binance spokesperson told CNBC. Once MiCA comes into force, crypto firms with registration in one EU country will be able to then use that to offer their services across other member states.īinance said it remains "committed to working collaboratively with regulators around the world and are additionally focused on getting our business ready to be fully MiCA compliant." It also offers high-leverage trading and multiple collateral options. Binance offers a robust trading engine that allows traders and hedgers to speculate on many different cryptocurrencies. MiCA aims to harmonize crypto regulation across the bloc and to prevent bad actors from harming consumers, particularly in the wake of the shock bankruptcy of FTX in November. When it comes to cryptocurrency trading, Binance Futures is one of the largest futures exchanges out there. This is set to change once the EU approves its Markets in Crypto Assets (MiCA) regulation. Trades on Binance Futures occur quite similarly to the general Binance exchange platform, with a few notable exceptions. The firm has so far received such approvals in France, Italy, Spain, Poland, Sweden and Lithuania. Binance recently launched its futures trading platform named Binance Futures. Personal Loans for 670 Credit Score or Lower Binance Futures is the leading cryptocurrency futures trading platform with leverage up to x125. Personal Loans for 580 Credit Score or Lower However, if you want, you can trade it for as low as 1x, which is equivalent to the value of. Zhao is under investigation by federal prosecutors. Best Debt Consolidation Loans for Bad Credit Binance futures allows you to trade with leverage of up to 125x. Binance was also sued earlier this year by the Commodity Futures Trading Commission, and Mr.
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