Tag Archives: binance news

CoinspeakerCZ Debunks FUD Surrounding Departure of Executives from Binance Apart from the investigation initiated by the Department of Justice, the SEC sued Binance one month ago for listing unregistered securities, commingling customers' deposits, and flouting KYC rules. CZ Debunks FUD Surrounding Departure of Executives from Binance

CoinspeakerBinance Academy Partners with Coursera to Promote Blockchain Technology Binance has been always working with the belief that education is the cornerstone of progress and innovation. Binance Academy Partners with Coursera to Promote Blockchain Technology

CoinspeakerRonaldo Teams with Binance to Launch His Second NFT Collection The NFT collection, which was launched today is tagged "Forever CR7: The GOAT" and focuses on Ronaldo's big career achievements, especially his goals on the football pitch. Ronaldo Teams with Binance to Launch His Second NFT Collection

CoinspeakerBinance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50% The listing for Pendle (PENLDE) in the Binance Innovation Zone is a vote of confidence for the project and it will increase the chances of trade for investors. Binance Announces Listing for Pendle in Innovation Zone, PENDLE Price Shoots 50%

The denial of a custody license in Germany poses significant challenges for Binance, as Germany represents one of Europe’s largest and most influential markets. Germany’s Federal Financial Supervisory Authority (BaFin) has reportedly denied the Binance exchange’s application for a crypto custody license. Finance Forward, a news publication, has reported that BaFin has communicated this decision directly to the exchange. The decision signifies a regulatory setback for the crypto trading...

In Binance’s peer-to-peer (P2P) platform, ML technology is employed to identify suspicious language in communications. By utilizing ML in P2P chat, feedback, and advertisements, potential payment scams, customer service impersonation, and malicious messaging can be detected. This technology has proven effective in preventing thousands of scams. For the know-your-customer (KYC) process, Binance utilizes a combination of computer vision (CV) and AI. These technologies aid in verifying...

Binance informed its users that it is working to find another payment service provider.  Binance, a leading cryptocurrency exchange, has lost its banking partner Paysafe in Europe. Binance partnered with Paysafe in January 2022 after losing Barclays and Santander as banking partners in 2021. Since then, the exchange has been trying to expand its presence and reach in Europe. Consequently, Paysafe’s decision will set back the exchange’s European plans. Paysafe Is Wary of Regulators Paysafe...

Binance will not delist privacy coins in Europe, opting instead to review its classification of assets in line with EU law. Binance has reviewed its decision to delist several privacy coins in Europe. The exchange will no longer delist these coins as it works to comply with regulations stipulated by European authorities. Binance will now reclassify privacy coins to satisfy regulations. In a recent comment, Binance said: “After carefully considering feedback from our community and...

Kendall Day led the department’s efforts to combat money laundering, including dealing with charges related to money laundering, deferred prosecution agreement, etc. Amid its ongoing legal fight with the US Securities and Exchange Commission (SEC), crypto exchange Binance has hired a former white-collar prosecutor of the Department of Justice (DoJ), as per the court filing on Thursday, June 22. M. Kendall Day, a partner at Gibson Dunn & Crutcher’s Washington DC office, will serve as...

Binance.US withdrawals are now fully operational on the exchange, even as it warns users to convert all USD to USDT. Binance.US has announced that users can now resume USD withdrawal, as it has solved the problem. The US arm of the world’s largest crypto agency also said that by working with banking partners, it has almost completely resolved all previously delayed withdrawal requests for USD. However, the exchange warns that this resolution may not be permanent. In an official...