Binance

Highlights: Binance has frozen Palestinian funds following the Israeli authorities’ order. The frozen funds directive mirrored an Israeli anti-terrorism law established in 2016. Binance was accused of compromising its standards and prioritizing government desires over users’ information privacy. In a […]

Highlights: Binance will list Eurite (EURI), the first Euro-pegged stablecoin regulated under MiCA. Binance offers zero trading fees for EUR/EURI and EURI/USDT until further notice. EURI, backed by Banking Circle, offers 1:1 redemption with EUR. On August 26, crypto exchange […]

Highlights: Binance plans to hire 1000 employees by the end of this year, with 20% in compliance roles. The company’s annual compliance spending has risen to over $200 million. CEO Richard Teng, with a strong compliance background, is leading regulatory […]

Highlights: A new class action lawsuit alleges Binance failed to prevent money laundering and asset recovery. Plaintiffs claim Binance’s actions made stolen crypto untraceable despite blockchain records. The suit accuses Binance of violating US sanctions and aiding money laundering. Three […]

Highlights: Crypto exchange Binance blocks over $2.4B in crypto scam losses, protecting over 1.2 million users globally in 2024. The platform combines AI and manual reviews to monitor transactions, ensuring comprehensive protection across all Binance services. As of July 31, […]

Highlights: Binance returns to India after paying $2.25M fine, resumes trading services Compliance with Indian regulations crucial for Binance’s market re-entry and future dominance Binance’s return may boost India’s crypto market and inspire other global exchanges to follow Binance, the […]

Highlights: Binance challenges $86 million tax notice from India’s DGGI SEC plans to amend the lawsuit, potentially reclassifying SOL and MATIC Binance boosts compliance, appoints local counsel in India Binance, the world’s largest cryptocurrency exchange, is currently dealing with a tax […]

Highlights: SEC plans to amend claims against Binance, potentially altering token classification under the law Binance.US prepares for an extended legal battle, emphasizing readiness for the in-depth discovery phase Legal outcomes could set precedents for the regulation of digital tokens […]

Highlights: Binance.US can invest customer assets in U.S. Treasury bills following court approval. The exchange must transfer crypto assets to a third-party custodian not affiliated with Binance. The court’s decision enhances transparency and accountability within Binance’s U.S. operations. Binance.US has […]

The Banana Gun Price has erupted and soared 20% in the past 24 hours to trade at $70. This noticeable price movement is bolstered by a noticeable increase in trading volume by 12018% to $35.28 million.  This comes as Binance […]

Highlights: Richard Teng emphasizes Binance’s resilience and growth despite regulatory challenges in the U.S. and globally. Teng highlights 2024 as a landmark year for crypto, noting the approval of spot Bitcoin ETFs. Binance continues to build global trust and streamline […]

Highlights: The Nigerian court will announce its ruling on October 11, following a plea of not guilty. Binance faces four counts of tax evasion, including failure to register with Nigeria’s FIRS. Charges against two Binance executives were dropped, but they […]