Cryptocurrencies drop after FTX-Binance dispute worries investors
Despite preparations for a rescue offer from bigger rival Binance, cryptocurrencies experienced a second day of steep falls on Wednesday as investors remained concerned about the viability of the industry and the financial state of major exchange FTX.To address a “liquidity bottleneck” at the competing exchange, cryptocurrency giant Binance reached a non-binding deal on Tuesday […]
Binance registers with Italy’s regulator amid plans to expand in Europe
Binance said that its legal entity in Italy had registered with the regulator in the country. This is because the major cryptocurrency exchange seeks to gain traction in Europe. The registration of Binance Italy, which was established in recent months. This could potentially make the company more accountable and reduce the prospects for money laundering. […]