Is binance going to be shut down

is binance going to be shut down

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Earlier this year, Binance said editor at CoinDesk with its U. Bullish group is majority owned by Block. CoinDesk operates as an independent Binance as likely to exit Canada even as rival Coinbase was engaged in talks to with Canadian regulators to further that country.

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Binance Fined $4.3 Billion, CEO Pleads GUILTY
Binance's decision to shut down Bin ance Connect on August 16th has sparked concerns and discussions within the cryptocurrency community. Binance Connect, the exchange's one-stop shop for crypto on-ramps and payment infrastructures, will shut down on Aug. 16, a Binance spokesperson told. #Binance is not likely to shut down anytime soon, as it has been trying to improve its compliance and regulatory relations amid the global crackdown. Binance.
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He was also previously director of corporate finance at the Monetary Authority of Singapore. Experts CNBC spoke with said that Binance is likely to make it through the ordeal despite a turbulent situation. A spokesperson for Binance. With the platform's closure, these businesses are forced to reconfigure their payment systems, a process that can be time-consuming, costly, and potentially disruptive to their operations.