“From the beginning of its existence, Binance and founder Changpeng Zhao chose growth and personal wealth over following financial regulations aimed at stopping the laundering of criminal cash,” said Acting U.S. Attorney Tessa M. Gorman for the Western District of Washington. “Because Changpeng Zhao knowingly operated a financial platform without basic anti-money laundering safeguards, the company caused illegal transactions between U.S. users and users in sanctioned jurisdictions such as Iran, Cuba, Syria, and Russian-occupied regions of Ukraine – transactions for which Binance profited with significant fees.” Wants bitcoin to with exchanges on People often get confused between crypto exchange and crypto wallet. As they both are used extensively for the safe storage of cryptocurrencies — although how a crypto wallet functions is a little bit more complex. Here’s a quick rundown of some of the notable differences between crypto exchanges and crypto wallets:
Crypto Futures trading on Delta: Delta currently has futures on Bitcoin (BTC) and 13 leading altcoins. Ether (ETH), Ripple (XRP), Stellar Lumens (XLM), Binance Coin (BNB), UNUS SED LEO (LEO), Litecoin (LTC), Tezos (XTZ), ATOM, Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), NEO, Monero (XMR) and Basic Attention Token (BAT) are the altcoins that have futures on Delta Exchange. The maximum allowed leverage is 100x for the BTC and ETH futures contracts and 50x for XRP contracts. For the rest of the futures contracts, maximum allowed leverage is 20x. Titans of Trading: Binance and Bitget’s Rise to Prominence Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.