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CoinMarketCap has now introduced a default metric that puts new owner Binance on top of its trading volume league table. The site has removed a metric that previously indicating high levels of wash trading at Binance. On April 3, the day after Binance acquired CoinMarketCap, the exchange was ranked 15 on the site. The data provider listed Binance's claimed exchange volume as $6.7 billion. But it put its adjusted volume, a metric designed to remove any suspicious activity, at $2.1 billion.

Binance, the world's largest cryptocurrency exchange conceived of an elaborate corporate structure designed to intentionally deceive regulators and surreptitiously profit from crypto investors in the United States, according to a document thought to be created by its senior executives and obtained by Forbes. The 2018 document details plans for a yet-unnamed U.S. company dubbed the "Tai Chi entity." While Binance appears to have gone out of its way to submit to U.S. regulations by establishing a compliant subsidary, Binance.US, an ulterior motive is now apparent.

On 19 May, Binance customers using leverage found positions automatically liquidated as the crypto price drop wiped out all the collateral in their margin accounts before they could transfer extra funds onto the exchanges. This blog post examines another side of the story - the actual value of Binance's insurance fund and its ability to meet the potential pay-outs on 19 May, had the platform not been closed. I no longer believe the figures that Binance shows on its website for its insurance funds, nor their liquidation reports, and I maintain that a figure of only 3 million USDT for the BTC/ETH insurance fund pay-out on May 19 is grossly inconsistent with the actual number of liquidations on BTC and ETH products on that day. In fact, if the futures platform had not closed, I believe that Binance would have had to subsidise its insurance fund by a billion USDT or more.

Binance effectively banished USD Coin (USDC), the second-biggest stablecoin, from trading at its cryptocurrency exchange in favor of its own competing product. On Sept. 29, customers' holdings of USDC will be converted to Binance USD (BUSD). The same will happen with two smaller stablecoins: Pax Dollar (USDP) and TrueUSD (TUSD).  The action effectively removes USDC as a tradable asset on one of the most prominent perches in crypto, and creates a headache for Circle Internet Financial, USDC's issuer, as the company mulls an IPO.

Binance will list Binance GBP Stable Coin (BGBP) and open trading for a BGBP/USDC trading pair at 2019/07/23 4:00 AM (UTC).

Binance, is finally ready for the launch of Binance US, the US-based version of its services. According to a recent blog post, the new platform will be live in a couple of weeks.

According to data shared by Jason Choi - a Wharton School graduate that is the Head of Research at crypto hedge fund The Spartan Group - there is now just shy of $1 billion worth of Tether "sitting on the sidelines on Binance alone." This doesn't count the other stablecoins that platform supports, including Binance USD, USD Coin, Paxos Dollar, and more.

Just hours after announcing it would offer a tokenized version of Coinbase stock for trading, leading crypto exchange Binance has postponed the listing "due to market volatility." Binance was set to list the Coinbase Stock Token (COIN) to be backed by actual Coinbase stock ($COIN), which began selling publicly on Nasdaq on April 14.

Binance stopped its services to clients from Ontario, Canada, following the Ontario Securities Commission's (OSC) notice to Binance and multiple and crypto exchanges for their violation of the local securities laws. Meanwhile, the firm is facing regulatory troubles in multiple other jurisdictions, including a ban from operating in the United Kingdom imposed by the Financial Conduct Authority, and a warning by Japan's Financial Services Agency for operating in the country without being registered.

Binance launched European-style "vanilla" Bitcoin options contracts. The options are priced and settled in Tether (USDT). American-style options contracts, which Binance launched in April 2020, allow traders to purchase the Bitcoin at any point up until the contract expires. European-style contracts can only be exercised on the expiration date. The term "vanilla" refers to how the contract arrangement is generally simple, in contrast with more "exotic" products.

Binance has begun blocking U.S. users from accessing its crypto-asset platform, more than a year after first announcing that it would stop serving U.S. residents starting September 2019. Until now, a U.S. resident just had to click "I'm not [American]" to set up an account. Binance is now sending emails to U.S. residents based on their IP addresses in what appears to be a significant step toward enforcing its previously announced blockade of such users.

Binance must stop offering services regulated in Singapore after a potential breach of local payment rules, adding to a mounting list of jurisdictions scrutinizing the world's largest cryptocurrency exchange. The Monetary Authority of Singapore reportedly said Binance may be in breach of the Payments Services Act for providing payment services to, and soliciting business from Singapore residents without an appropriate license.

"South Africa's Financial Sector Conduct Authority (FSCA) on Friday issued a public warning that Binance Group, the owner of the world's largest cryptocurrency exchange, is 'not authorised to give any financial advice or render any intermediary services in terms of the Financial Advisory and Intermediary Services Act.' To which Binance quickly responded that it does not provide financial advice or intermediary services. It went on to point out something outlined in the FSCA's own letter: the FSCA does not regulate cryptocurrencies or crypto exchanges." https://www.fsca.co.za/News%20Documents/FSCA%20Press%20Release%20%20FSCA%20warns%20the%20public%20against%20BINANCE%20GROUP%203%20September%202021.pdf

Binance was reprimanded by the Ontario Securities Commission (OSC) for telling users of its crypto trading platform that it was allowed to continue operations in Canada when it still lacks a registration to do so. Binance had told OSC Staff that no new transactions involving Ontario residents would occur after December 31, 2021. However, it then told users, without notifying the OSC, that it was rescinding this commitment. After saying this was "unacceptable", the OSC notice then went on to warn that "crypto-asset platforms that have or will be applying for registration with securities regulators should be aware that misrepresenting their registration status raises concerns about the fitness of the firm and its principals for registration."

"The class actions against Binance for irresponsible behaviour leading to mass long and short liquidations on 19 May 2021 are in progress so I will not be posting about that today. Instead, this blog takes a deep dive into a similar but less complex sequence of events on 25-26 July 2021. My evidence is based on analysis from real-time recordings of Binance order books. Many thanks to Coinstrats for providing the data and for such brilliant charts to support the graphical story telling here. Many thanks also to my colleague and trader friend Sam Baker, an expert in market abuse, for some very helpful comments."

"U.S. Department of Justice officials are considering fraud charges against crypto exchange Binance, but are concerned about the cost to consumers, according to people familiar with the matter. Federal prosecutors worry that if they indict Binance, it could cause a run on the exchange similar to the one that befell now bankrupt platform FTX, causing consumers to lose their money and potentially spurring a panic in the crypto markets, the people said."

African, South Asian and Commonwealth of Independent States countries are using Binance Pay as a means to bridge cryptocurrencies as a payment source for goods and services, according to Binance regional business development lead Pakning Luk. Launched in 2021, the payments service has attracted over 120 million users in specific regions as it onboards major online merchant platforms and real-world retailers to its payment rail. Luk highlighted remittance and online shopping as key use cases seen by its user base.

Binance holds $74.7 billion worth of tokens of which around 40% are in its own BUSD US dollar-pegged stablecoin and its BNB native coin. Of the $74.6 billion termed as networth, about $23 billion was in BUSD and $6.4 billion in BNB. The exchange has also allocated 10.5% of its holdings in Bitcoin and 9.8% in Ether. While Binance shared details of its reserves, the dashboard does not break down how much of the assets are its own holdings, versus those of its customers.

Binance will temporarily suspend U.S. dollar deposits and withdrawals as of February 8th. However, only 0.01% of the exchange's monthly active users leverage US dollar bank transfers, and the move applies only to non-U.S. customers who transfer money to or from bank accounts in dollars. Binance US, a unit of the company that's regulated by the US Treasury Department's Financial Crimes Enforcement Network (FinCEN), is not impacted by the suspension. The suspension is likely due to issues with its bank partner Signature Bank, which said last month that it would stop processing crypto SWIFT transactions under $100,000.

Binance will stop supporting trading in spot pairs that include these stablecoins, but will allow users to withdraw funds in the form of these stablecoins. In other words, the trading of these stablecoins will no longer be supported, but Binance users will be able to withdraw amounts denominated in these stablecoins.