China still Binance's biggest market with $90 billion in monthly volume despite crypto ban: WSJ
The crypto exchange had over $90 billion in trading volume from China in May, the WSJ reported citing internal documents.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Binance still gets most of its business from China despite crypto being illegal in the country., citing an internal platform at Binance named"Mission Control." Most of that volume came from futures trading.
Binance had 5.6 million China-based users as of May, of which 911,650 were active, according to Mission Control. Overall, the crypto exchange has a total of. As of January, the WSJ said about 100,000 Chinese users at Binance were classified as"politically exposed persons" , citing internal company documents and a former employee. PEPs are individuals who hold influential positions in government offices or have close associations with such individuals.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
WSJ News Exclusive | Crypto Is Illegal in China. Binance Does $90 Billion of Business There Anyway.Binance, the world’s largest crypto exchange, was supposed to leave China when the country made crypto trading illegal. Almost two years later, users traded $90 billion of cryptocurrency-related assets there in a single month.
Consulte Mais informação »
Binance OTC Extends Algo Orders to All Users | Binance SupportFellow Binancians, Following the launch of Algo Orders on the VIP Portal , Binance OTC is pleased to announce that the feature has been extended to all users on the OTC Trading Platform at the Bina...
Consulte Mais informação »
Introducing Binance Japan: A Dedicated Platform for Residents in Japan | Binance BlogWe’re proud to announce that Binance has officially launched in Japan as Binance Japan K.K. Users in the country now have access to more tradable tokens than any other exchange, with Spot and Earn products available. Find more details below.
Consulte Mais informação »
Binance Auto-Invest Now Supports FDUSD | Binance SupportThis is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is excited to announce that FDUSD is now supported on Auto-Inv...
Consulte Mais informação »
WSJ News Exclusive | BlackRock, MSCI Face Congressional Probes for Facilitating China InvestmentsBlackRock and MSCI are being investigated by a congressional committee for facilitating American investment in Chinese companies the U.S. government has accused of bolstering China’s military and violating human rights
Consulte Mais informação »
BlackRock, MSCI face probe for allegedly facilitating China investments - WSJAsset manager BlackRock and index provider MSCI are being investigated by a congressional committee for allegedly facilitating China investments, Wall Street Journal reported on Tuesday, citing letters to the companies from the panel.
Consulte Mais informação »