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Hamas-Linked Crypto Accounts Frozen by Israeli Police, With Binance’s Help: Report

The cyber arm of Israel Police's Lahav 433 unit worked with the country’s defense ministry, intelligence agencies and crypto exchange Binance to target the accounts in question, according to the report. It added that any funds seized are destined for the Israeli national treasury. Source

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Circle Intervenes in Binance’s SEC Case, Argues Stablecoins BUSD and USDC Aren’t Securities

“Payment stablecoins, on their own, do not have the essential features of an investment contract,” meaning they fall outside of SEC jurisdiction, Circle’s filing said. “Decades of case law support the view that an asset sale — decoupled from any post-sale promises or obligations by the seller — is not

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Binance’s Bitcoin volume plummets after end of zero-commission trading

The drop in Bitcoin (BTC) activity on Binance, a cryptocurrency exchange, has been attributed to the removal of zero-commission trading in September. Bloomberg experts noted a 26% drop in average seven-day volume since the start of September. TrueUSD ended commission-free trading of BTC and stablecoins on Sep. 7, resulting in an

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Paysafe ending support for Binance’s EU customers, some face early restrictions

Amid a backdrop of increasing regulatory scrutiny, Binance’s European payments provider, Paysafe, has started restricting euro withdrawals for some users ahead of its planned cessation of support on Sept. 25. This move that has left many European customers of Binance puzzled and frustrated, with some users finding themselves unable to access

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Binance’s Bitcoin trading volume declined by 57% in September 

Amid escalating regulatory scrutiny and legal challenges, Binance experienced a 57% drop in its weekly Bitcoin trading volume since the beginning of the month, signaling potential turbulence for the world’s largest cryptocurrency exchange. This downturn coincides with mounting legal challenges and increased regulatory oversight targeting the exchange on a global scale. Regulatory

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