June 19 (Cointime) - Despite Binance's failed registration as a virtual asset service provider (VASP) in the Netherlands, CEO Changpeng Zhao has stated that the country's stance towards crypto remains "pretty progressive." The Dutch Central Bank, De Nederlandsche Bank (DNB), has been criticized for refusing to grant foreign entities licenses to operate in the country, but Zhao urged not to read too much into it.

June 19 (Cointime) -The data shows that a giant whale withdrew 27,000 ETH from Binance in the last 48 hours, and received 10,000 ETH from the address marked by Nansen as the Oasis application: WSTETH-A Vault 30119 after it was created on 6/16. In three days, the addresses should have received 37,000 $ETH. The giant whale transferred 30 million USDT to Binance yesterday and today and sold 17929 ETH at an average purchase price of $1673. The whale may have made $20 million last time selling ETH.

June 19 (Cointime) -Cryptocurrency exchange Binance has announced that it will be moving funds from its BTC cold wallets to new addresses, and if you see a large flow of BTC from its wallets today, that’s why. The company said the funds were safe. There were people on social media expecting analysts to start looking at the transfer. Some users called for the panic talk and FUD (fear, uncertainty and doubt) to be ignored. In conclusion, Binance tries to maintain transparency and communicate information to the public.

June 19 (Cointime) -South Korean cryptocurrency exchange Gopax has appointed vice president Lee Joong-hoon as its new CEO, replacing the current CEO who is about to resign. Gopax was one of the companies that was acquired by Binance in an attempt to address the lack of funds following the FTX incident. The reason for the change of the CEO is to smooth the declaration of the change of the virtual currency business operator, and no other reasons were disclosed.

June 19 (Cointime) - Binance, one of the largest cryptocurrency exchanges in the world, has been under regulatory scrutiny recently. However, the founder of Binance, Changpeng Zhao, sees this as a validation of their operations. A court transcript has affirmed that there is no evidence of any dissipation of assets or offshore transfers through BAM Trading, the operator of Binance US.

June 19 (Cointime) - Amidst ongoing regulatory challenges and a recent lawsuit from the SEC, Binance CEO has announced the launch of Spot DCA on the Binance Spot platform.

June 19 (Cointime) - Binance has announced its support for the upcoming Flow (FLOW) network upgrade, which is scheduled to take place on June 21, 2023, at 15:00 (UTC). Deposits and withdrawals of FLOW will be temporarily suspended starting from 14:00 (UTC) on the same day.

June 19 (Cointime) -Court: "... Similarly, you all repeat in the memo that there's no evidence, absolutely no evidence of any dissipation of assets whatsoever. And the government at this point has said they haven't seen the evidence of offshore transfers from BAM Trading itself... "

June 19 (Cointime) - Binance and the US Securities and Exchange Commission reached an agreement to avoid a full asset freeze of the platform in the US and keep customer assets in the United States, after a US district judge signed off on a consent order filed Saturday.

June 18 (Cointime) - Binance's BUSD stablecoin has experienced a $1 billion drop in market cap, putting it in fourth place among stablecoins. Its current market cap is around $4.3 billion, down from $5.5 billion a month ago. The decline follows the New York Department of Financial Services ordering Paxos, the crypto firm that issues the stablecoin, to stop minting BUSD tokens due to unresolved issues related to Paxos' relationship with Binance. The SEC has also launched lawsuits against Binance and CEO Changpeng Zhao, accusing the firm of illegally operating a securities exchange.