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CryptoCurrency

Binance Japan Gears Up for Full-Service Launch: To Offer Up to 100 Crypto Assets

  • The exchange has unveiled its strategy centered on Web3 expansion and stablecoin business.
  • Binance re-entered Japan last year with the acquisition of SEBC.
Thursday, 31/08/2023 | 07:56 GMT by Jared Kirui
CryptoCurrency

Send Cash: Binance Launches Crypto-to-Bank Payments in Latin America

  • The Send Cash product is available in nine Latin American countries.
  • Binance recently ended crypto card payments in four Latam Countries.
Thursday, 31/08/2023 | 03:48 GMT by Tareq Sikder
CryptoCurrency

Binance Drops Banco de Venezuela: Regulatory Compliance behind the P2P Trading Change

  • The exchange excluded the bank in compliance with international sanctions.
  • This move arrived as Binance navigates heightened regulatory scrutiny globally.
Tuesday, 29/08/2023 | 13:45 GMT by Jared Kirui
CryptoCurrency

Effect of Supporting Sanctioned Banks? Binance Mulls Russia Exit

  • Binance recently dropped support with sanctioned banks from its P2P platform.
  • The exchange is now reconsidering its whole Russian business.
Tuesday, 29/08/2023 | 05:10 GMT by Arnab Shome
CryptoCurrency

Binance Dodges Regulatory Bullet in Belgium, Redirects Users to Poland

  • FSMA said customers can only be transferred if they consent.
  • Binance recently quit the Netherlands, transferring its Dutch clients to a local rival.
Monday, 28/08/2023 | 17:37 GMT by Solomon Oladipupo
Retail FX

Why the Middle East Could Be Crypto's Next Goldmine

  • Binance and others shift focus to UAE amid regulatory challenges in the US.
  • The region is positioning itself as a global cryptocurrency hub.
Monday, 28/08/2023 | 11:45 GMT by Damian Chmiel
CryptoCurrency

Binance Narrows P2P Services in Russia, Drops Sanctioned Banks

  • Russian clients of the exchange were allowed to deposit rubles using five sanctioned banks.
  • A Binance spokesperson called it a “gap” in its service.
Monday, 28/08/2023 | 08:30 GMT by Arnab Shome
CryptoCurrency

A Volume-Boosting Tactic? Binance Contacts Lesser-Known Crypto Projects

  • The exchange says the outreach is part of its "ongoing risk management initiative."
  • Binance's crypto market share fell for the fifth consecutive month to 40.4% in July.
Friday, 25/08/2023 | 13:56 GMT by Solomon Oladipupo
CryptoCurrency

Binance and MasterCard Part Ways: End Crypto Card Partnership in Multiple Countries

  • MasterCard’s move impacts card programs in Argentina, Brazil, Colombia, and Bahrain.
  • Visa also halted co-branded cards with the crypto exchange in Europe earlier.
Friday, 25/08/2023 | 08:07 GMT by Jared Kirui
CryptoCurrency

Binance’s Card Retreat: Withdraws Crypto Debit Cards from Latin America and Middle East

  • Users in the affected regions have until September 21, 2023, to use the cards.
  • Binance said the decision impacts less than 1% of its users in these regions.
Thursday, 24/08/2023 | 11:53 GMT by Jared Kirui
CryptoCurrency

On-Ramp Services: Binance.US Taps MoonPay as New Payments Provider

  • Binance.US has made USDT its base after dropping USD.
  • The exchange’s users can purchase USDT with USD on Moonpay,
Wednesday, 23/08/2023 | 06:59 GMT by Arnab Shome
CryptoCurrency

Binance Allegedly Used Sanctioned Banks for P2P Crypto Transfers in Russia

  • The exchange has denied the report.
  • It quietly lifted restrictions on Russians, according to an earlier report.
Tuesday, 22/08/2023 | 20:38 GMT by Solomon Oladipupo
CryptoCurrency

Payment Processor Woes Lead Binance to Limit European Transactions

  • One user of the exchange said he could not withdraw his euros.
  • Binance first reports a 'temporary suspension', then later claims it was an error.
Tuesday, 22/08/2023 | 08:30 GMT by Damian Chmiel
CryptoCurrency

Exclusive: Israeli Court Accepts Transaction on Binance as Evidence in Fraud Case

  • It is the first time an Israeli court admitted transaction data of a crypto exchange as evidence.
  • The defendants are facing charges under Israel's money laundering laws.
Monday, 21/08/2023 | 10:58 GMT by Arnab Shome
CryptoCurrency

Rise of the Crypto Underdogs: ‘Low Tier’ Exchanges Gain Market Share after Binance Falters

  • Lawsuits against Binance reduced the exchange's market share in 2023.
  • This mainly benefited smaller platforms, not 'top tier' exchanges.
Wednesday, 16/08/2023 | 07:49 GMT by Damian Chmiel
CryptoCurrency

Binance's Crypto Payment Wing Shuts Doors after One and a Half Years

  • The crypto exchange said it took the decision as part of a regular business review.
  • Binance recently lost its euro banking partner, Paysafe Solutions.
Tuesday, 15/08/2023 | 18:46 GMT by Solomon Oladipupo
CryptoCurrency

Binance Irked by SEC’s Move to Query CEO of US Affiliate

  • BAM's CEO and CFO do not have 'unique firsthand knowledge' about customer assets.
  • In other news, the SEC delayed a decision on ARK Invest's spot BTC application.
Tuesday, 15/08/2023 | 14:19 GMT by Solomon Oladipupo
CryptoCurrency

Binance Acknowledged in El Salvador, Granted Crypto Exchange License

  • The exchange was awarded a BSP license by the Salvadoran central bank.
  • So far, Binance is licensed in 18 countries.
Tuesday, 08/08/2023 | 15:55 GMT by Jared Kirui
CryptoCurrency

Combined Crypto Spot and Derivative Exchange Volumes Sink to Yearly Low

  • Spot and derivatives volumes plummeted to $515 billion and $1.85 trillion, respectively.
  • Upbit beat Coinbase and OKX to become the second-largest exchange after Binance.
Thursday, 03/08/2023 | 13:35 GMT by Solomon Oladipupo
CryptoCurrency

DOJ Weighs Fraud Charges against Binance, Worried about Bank Run: Report

  • US prosecutors are contemplating alternative options such as fine payment.
  • The SEC and CFTC filed charges against the exchange in recent months.
Wednesday, 02/08/2023 | 18:02 GMT by Solomon Oladipupo
CryptoCurrency

Binance Defies China’s Crypto Ban, Records $90B Monthly Trading Volume: Report

  • The exchange generated 20% of its trading volumes from China.
  • China imposed a ban on crypto trading in 2021.
Wednesday, 02/08/2023 | 09:07 GMT by Jared Kirui
CryptoCurrency

Binance’s Zhao Pushed to Shutter US Exchange Ahead of Lawsuits

  • The board of the exchange reportedly had a vote on the proposal.
  • Binance declined to comment on the report.
Wednesday, 02/08/2023 | 08:49 GMT by Arnab Shome
CryptoCurrency

Binance Japan Plans to Initially List 34 Tokens Following Market Re-entry

  • The exchange will offer more tokens than its rivals in Japan.
  • Binance Japan reportedly plans to offer stablecoins.
Tuesday, 01/08/2023 | 08:06 GMT by Jared Kirui
CryptoCurrency

Nigerian SEC Clarifies Warning against Binance, Labels It 'Illegal'

  • The latest circular came through clarification on a previous announcement.
  • The regulator warned against the high risks of crypto investments.
Monday, 31/07/2023 | 11:16 GMT by Arnab Shome
CryptoCurrency

Binance Secures Operational License in Dubai despite Global Woes

  • Binance FZE has gained an operational license from Dubai's VARA.
  • The new license allows the company to offer exchange and broker-dealer services.
Monday, 31/07/2023 | 07:11 GMT by Damian Chmiel
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