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It’s not clear why it’s so important for the administration to keep stablecoins out of the discussion, but I think that’s their policy.” Buy bitcoin binance The U.S. subsidiary of the world’s largest crypto exchange made the decision late Thursday following a regulatory crackdown by the U.S. Securities and Exchange Commission, which charged Binance and its founder Changpeng Zhao Monday with 13 securities laws violations and filed a motion Tuesday to freeze Binance.US’s assets.

Binance buys bitcoin

Binance was the majority shareholder of Toko from the beginning. Just injected more cash and increased our shareholding a bit. pic.twitter.com/NIeYYxzPdU Site Information Navigation Singapore state investor Temasek Holdings, an FTX shareholder, said in emailed comments to Reuters: "We are aware of the developments between FTX and Binance, and are engaging FTX in our capacity as shareholder."

Binance Coin (BNB)

News of the acquisition was confirmed by Binance’s CEO and Co-founder Changpeng Zhao (CZ) in a tweet yesterday saying that they had always been a shareholder in the firm. “While I Have You Here. Who Is Guangying Chen?” BAM Trading, Binance U.S.’ operating company, and BAM Management in a court filing in the US District Court of Columbia said the group had already provided sufficient information to the regulator.

Crypto on binance us

The SEC’s complaint alleges that Zhao and Binance created BAM Management and BAM Trading in September 2019 as part of an elaborate scheme to evade U.S. federal securities laws by claiming that BAM Trading operated the Binance.US platform independently and that U.S. customers were not able to use the Binance.com platform. The complaint alleges that, in reality, Zhao and Binance maintained substantial involvement and control of the U.S. entity and that, behind the scenes, Zhao directed Binance to allow and conceal many high-value U.S. customers’ continued access to Binance.com. In one instance, the Binance chief compliance officer messaged a colleague that, “e are operating as a fking unlicensed securities exchange in the USA bro.” Binance accused of 'web of deception' in US The decision to shut down Binance Connect underscores the growing importance of a regulatory framework.