Binance Holdings

Briefs: Temasek mulling exit from Schneider Electric India venture; KKR, Hulic bid $2.7 bil for GIC's Tokyo skyscraper - THE EDGE SINGAPORE

Global Economy

Briefs: Temasek mulling exit from Schneider Electric India venture; KKR, Hulic bid $2.7 bil for GIC's Tokyo skyscraper

In other news this week: Binance hiring 1,000 people as compliance spend tops US$200 million.

Cryptocurrency

Singapore turned conservative on crypto after FTX, says Binance's Zhao

Binance.US said earlier this week that it’s eliminating about one third of its workforce, or more than 100 positions.
US's SEC sues Binance and CEO Zhao for breaking securities rules - THE EDGE SINGAPORE

Cryptocurrency

US's SEC sues Binance and CEO Zhao for breaking securities rules

Binance called the complaint “disappointing,” saying it had engaged with the SEC in good-faith negotiations to settle the matter.

Cryptocurrency

Binance to suspend US dollar transfers using bank accounts

The suspension will start Wednesday, according to a Binance spokesperson. No specific reason was given for the suspension.

Cryptocurrency

Binance ousts Tokocrypto CEO and is cutting 58% of jobs at unit

Following the move, Yudhono Rawis will be appointed as interim CEO at Tokocrypto.

Cryptocurrency

Binance US explores buying other distressed assets after Voyager

The purpose for any M&A deal would be to drive new users and assets to the Binance.US platform, Binance.US's CEO Shroder said.

Cryptocurrency

Binance US to buy bankrupt Voyager Digital's assets for US$1 bil

FTX won an auction for Voyager’s assets in September with an offer valuing the company at US$1.4 billion.

Cryptocurrency

Singapore police say investigations into Binance.com ongoing

Singapore police are investigating Binance.com over a possible breach of local payment services rules.
'Dealing in any cryptocurrency… is hazardous', says MAS following FTX.com debacle - THE EDGE SINGAPORE

Cryptocurrency

'Dealing in any cryptocurrency… is hazardous', says MAS following FTX.com debacle

The Bahamas-based crypto exchange filed for bankruptcy on Nov 11 and is said to owe nearly US$3.1 billion to its top 50 creditors.
Fresh Off The Block: Industry players hopeful that FTX collapse sees limited damage and more - THE EDGE SINGAPORE

Cryptocurrency

Fresh Off The Block: Industry players hopeful that FTX collapse sees limited damage and more

Fresh Off The Block: Industry players hopeful that FTX collapse sees limited damage and more
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