Binance Connect is shutting down on August 16, the Jacobi Bitcoin exchange-traded fund (ETF) is finally going live on the Euronext Amsterdam stock exchange, more than a year after its planned launch. Meanwhile, crypto custodian Prime Trust has filed for Chapter 11 bankruptcy after being unable to honor user deposits for months.
Binance Connect shutting down on August 16
Binance Connect, the regulated buy-and-sell crypto arm of the Binance exchange, will shut down on Aug. 16, Cointelegraph confirmed on Aug. 15 via an email with a Binance spokesperson.