Binance

Binance to Withdraw its License Application in Austria

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In the latest blow to Binance, the world’s largest cryptocurrency exchange by trading volume, its European expansion campaign faces increasing hurdles as the company struggles to obtain licenses in a number of countries.  Quick facts: Binance has reportedly withdrawn its application for registration with the Austrian Financial Market Authority (FMA). According to FinanceFWD, a German … Read more

Binance’s Market Dominance Dwindles as Regulatory Woes Take a Toll

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Binance, a major force in the cryptocurrency exchange space, is now facing a significant decline in market share due to a series of regulatory hurdles.  Quick facts: The world’s largest crypto exchange has been grappling with various legal challenges and regulatory actions, resulting in a substantial erosion of its market dominance. According to Bloomberg, Binance’s … Read more