Newsfeeds Archive - Spark Newswire

2 minute read

Stablecoin Issuer Paxos Takes Solana Plunge, Scores Clearance To Broaden Offerings

December 22, 2:58 PM

Stablecoins issuer Paxos has been granted regulatory clearance to broaden its offerings onto the Solana (CRYPTO: SOL) blockchain. Plans to initiate this expansion are set for Jan. 17, 2024.

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2 minute read

Binance Suspends Volatile Euro Stablecoin AEUR Trade, Promises To Compensate Losses

By Khyathi Dalal

December 6, 5:19 PM

Switzerland-based fintech firm Anchored Coins recently issued AEUR. But Binance is taking issue with that fact that “some users did not realize that AEUR was a stable currency when they purchased it." As a result, "demand surged in the short term, resulting in price deviations."

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2 minute read

Binance Fined Over $4B For Not Guarding Against Money Laundering, Hamas Transactions: Garland

By Neil Dennis

November 22, 4:16 PM

Attorney General Merrick B. Garland said: "As CEO of Binance, Zhao willfully violated federal law..."

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2 minute read

Binance Closes Gates To Russian Ruble Deposits Post-Exit Plans

By Khyathi Dalal

November 10, 3:05 PM

Crypto exchange Binance (CRYPTO: BUSD) plans to leave Russia and now wants to halt local currency deposits in the coming week, effective Nov.15, 2023, as stated on its blog.

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2 minute read

Binance Faces Leadership Exodus: UK CEO Exits Amid Regulatory Challenges

By Khyathi Dalal

October 24, 10:55 AM

Jonathan Farnell, Binance U.K. CEO and head of its payment service Bifinity, has departed from the company, marking the latest in a series of high-profile exits from the leading crypto exchange.

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2 minute read

Despite Expanding Partnerships, Binance Sees Hit To Presence In Europe After Discontinuing Visa Debit Card

By Khyathi Dalal

October 21, 10:44 PM

In yet another step that will curtail its European presence, Binance (CRYPTO: BUSD) announced that it will not offer its Visa (NYSE:

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3 minute read

Here Are This Year’s Notable Crypto Fallouts Thus Far

By Khyathi Dalal

October 14, 6:04 PM

As 2023 is almost ending, we're recapping some of COIN)">the major crypto disasters of the year.

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2 minute read

Binance Eliminates Some Liquidity Pools, Launchpool Onboards Neutron Staking Opportunity

By Khyathi Dalal

October 10, 3:04 PM

Binance announced it is getting rid of more than 10 liquidity pools as well as introducing Neutron (CRYPTO: NTRN) staking.

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2 minute read

Circle Argues Stablecoins Are Not Securities, Files Friend of Court Brief In Binance-SEC Case

By Khyathi Dalal

September 29, 11:56 AM

To protect stablecoins from regulatory frameworks as applied to traditional securities, Circle (CRYPTO: USDC) stepped into the legal case of Binance (CRYPTO:

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