EUR/USD 1.16341
-0.215%
Gold 4507.58
0.663%
Oil 58.618
0.632%
USD/JPY 157.879
0.650%
GBP/USD 1.34060
-0.254%
GBP/JPY 211.655
0.407%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
According to Iranian state media, the Iranian police chief stated that the confrontation with rioters has intensified.On January 11, according to an announcement by XIANLE Health, the company held its 17th meeting of the fourth board of directors on January 8, 2026. The board approved the companys plan to issue H shares and list them on the Hong Kong Stock Exchange. The shares issued will be H ordinary shares listed on the Main Board of the Hong Kong Stock Exchange, denominated in RMB but subscribed in foreign currency, with a par value of RMB 1.00 per share. The company will complete the H-share listing at an appropriate time and through an issuance window within the validity period of the shareholders meeting resolution. The specific issuance and listing time will be determined by the board of directors or its authorized personnel, either individually or jointly, on behalf of the company, based on international capital market conditions, the progress of approvals and filings by domestic and foreign regulatory authorities, and other relevant circumstances.The China Earthquake Networks Center officially determined that a 3.3-magnitude earthquake occurred in Ruoqiang County, Bayingolin Mongol Autonomous Prefecture, Xinjiang, at 14:57 on January 11, with a focal depth of 25 kilometers.On January 11, at the 30th China Capital Market Forum, Chen Huaping, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated that the 15th Five-Year Plan period is a crucial time for advancing Chinese-style modernization and accelerating the construction of a financial powerhouse. The CSRC will focus on the main theme of preventing risks, strengthening regulation, and promoting high-quality development. He indicated that the CSRC will further enhance the effectiveness of regulatory enforcement, continuously improve the investor education, service, and protection system, adhere to strict regulation according to law, focus on cracking down on major and egregious violations, severely punish all kinds of malicious illegal activities, and promote the implementation of more special representative litigation and advance compensation cases to enhance investor trust and confidence.On January 11th, at the 30th China Capital Market Forum, Chen Huaping, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated that the CSRC will continue to improve the institutional environment for long-term investment, jointly promote a greater proportion of various medium- and long-term funds entering the market, and optimize institutional arrangements such as the Qualified Foreign Institutional Investor (QFII) system, so that various funds are willing to come, stay, and thrive. As of the end of last year, the total market capitalization of A-shares held by various medium- and long-term funds was approximately 23 trillion yuan, an increase of 36% from the beginning of the year; the size of equity funds increased from 8.4 trillion yuan at the beginning of last year to approximately 11 trillion yuan.

Binance Calls Out Reuters with False Claim Narrative

Cameron Murphy

Apr 24, 2022 09:31


微信截图_20220424090341.png


Binance, the world's largest cryptocurrency exchange, has received a lot of press in recent months.


Following Russia's invasion of Ukraine in February, crypto exchanges were once again in the limelight.


Reuters reported that Binance will restrict Russian client accounts targeted by sanctions, but not all accounts, in response to requests from the Ukrainian government to freeze all Russian crypto accounts.


Binance was not alone in taking this stance on account freezes, as numerous other major exchanges followed suit.


Reuters is being chastised by Binance for making a false claim.


Binance was caught on the wires exchanging customer data with Russia on Friday. Binance's regional leader met with Russia's financial intelligence agency in April 2021, according to a Reuters Special Report. Russian intelligence, according to reports, wants Binance to provide customer data to aid in the battle against crime.


Russian intelligence was reportedly attempting to track Russian opposition leader Alexei Navalny's Bitcoins (BTC) worth millions of dollars, according to Reuters.


Gleb Kostarev, Binance's head of Eastern Europe and Russia, allegedly agreed to the request, telling a "business acquaintance that he didn't have much option."


Binance has continued to function in Russia since the invasion of Ukraine, according to Reuters. This is despite the fact that other payment systems, such as PayPal, have stopped operating in the nation.


Binance has denied helping Russian intelligence track down contributions to Alexei Navalny in reaction to the Reuters article.

Binance Announced on Friday

"Any claims that Binance exchanged user data with Russian FSB-controlled agencies or Russian regulators, including Alexei Navalny's, are totally incorrect."


Binance also said,


"On the particular issue of not sharing data, any government or law enforcement agency in the world may request user data from Binance today, as long as the request is backed by sufficient legal authorities." Russia is no exception. Binance complies with its legal duties." "Becoming a regulated firm entails fulfilling disclosure requirements to the authorities in each country, and Binance complies with its legal obligations."


Binance has announced that it would file a legal complaint with Reuters. The exchange also published a whole email conversation with Reuters about Binance's Russian activities.

Russian Users Will Have Limited Access to Binance's Services

Binance said on Thursday that Russian account holders with more exceeding €10,000 would be restricted to withdrawal-only mode.


The announcement states that


"Binance is obligated to prohibit services for Russian nationals or natural people resident in Russia, or legal companies incorporated in Russia, who hold cryptos above the value of 10,000 EUR, as part of the EU's fifth package of restrictive measures against Russia." As a result, we need you to complete your verification of proof-of-address."


Binance also said,


"Accounts that fall under this limitation will only be able to withdraw money." On these accounts, no deposits or trading will be authorized. All spot, futures, custodial wallets, and staked and earned deposits are included in the limit. Furthermore, any deposits of more than 10,000 EUR to Russian citizens, natural people resident in Russia, or legal companies created in Russia will be prohibited."


Despite Binance CEO Changpeng "CZ" Zhao apparently claiming that his exchange "will fight requests to restrict services to common people," calling such a move immoral, the new statement arrives.

Suggestion