Tag Archives: Binance

Every day an increasing number of countries turn their back on Binance, sending warnings to their users, letting them know that if they use the exchange, they are basically on their own in case of any inconvenience. A few hours ago, the Financial Sector Conduct Authority (FSCA) of South Africa issued a Press Release stating that Binance was not authorized to operate in the country. The regulatory body assures that the company does not have the necessary registration to offer...

Changpeng Zhao – Founder and Chief Executive Officer of Binance – said the US arm of the cryptocurrency exchange could follow Coinbase and have an initial public offering in the next 36 months. In a recent interview with The Information, the head of Binance – Changpeng Zhao – revealed that Binance.US – the company’s affiliate in the States – plans to launch an IPO in the next three years: “Binance.US is just going to do what Coinbase did.” – said Zhao. Coinbase – another...

Binance is improving Singapore’s status as a cryptocurrency and bitcoin hub through its latest hiring maneuvers. The world’s number one digital currency exchange by daily trading volume has announced that it is bringing Richard Teng onboard as the new CEO for its Singapore office. Binance Is Expanding in Singapore Teng is a previous Singapore Exchange executive who’s got the skills the company needs to ensure digital currency protocols move forward appropriately. In a...

Binance NFT will soon open a premium collection from The State Hermitage Museum to their marketplace, which includes recreations of the museum’s masterpieces. The Collection: “Your token is kept in the Hermitage” As Binance just announced, The museum’s NFT collection is titled “Your token is kept in the hermitage” and includes 5 digital reproductions of artworks by legendary artists whose physical works they own. Specifically, the collection will include virtual copies of:...

The leading cryptocurrency exchange in Australia – Binance Australia – has announced it appointed Leigh Travers as its new Chief Executive Officer. He was previously CEO and Director of the blockchain technology company – DigitalX. Binance Australia Has a New CEO According to an official announcement, Binance Australia has tapped Leigh Travers as its new CEO. The top executive has experience in digital assets and blockchain technology since he was in charge of DigitalX for...

After the embarrassing and heartbreaking debacle last week that occurred in Afghanistan following the heightened incompetence of Joe Biden, news is spreading of the growing presence bitcoin has in the country. Many banks and standard financial institutions have either been shut down or are not presently in working order, and thus several residents are seeking out the aid of BTC and digital assets as a means of surviving. Bitcoin’s Presence Is Growing in Afghanistan One...

The UK Financial Conduct Authority has settled all of its issues with the world’s largest cryptocurrency exchange – Binance. The regulator published an update on August 25th to clear the company’s name two months after imposing restrictions on some of its operations. Back in late June this year, the FCA issued a warning shot against the exchange, saying that Binance Markets Limited “is not permitted to undertake any regulated activity in the UK.” The watchdog further asserted...

A crypto trader named Fawaz Ahmed is pursuing legal action against cryptocurrency exchange Binance, claiming that it cost him millions of dollars in lost Ethereum. Binance Could Find Itself in Court When Ahmed saw the price of Ethereum slipping, he felt it was time to sell his coins and exit the trading space for a while. Unfortunately, this was not something he was able to do given that the exchange was experiencing a major outage on the day he sought to trade. This was...

Es kommt, wie es kommen musste. Der Druck, den Finanzbehörden auf die Cryptocoin-Börse ausgeübt haben, führt nun zu strengeren Regelungen für die Nutzer. Ab sofort gelten für alle neuen Nutzer Bestimmungen, die zuvor erst bei einem höheren Nutzungsvolumen galten. Crypto News: Binance verschärft Regelungen für die Identitätsverifizierung von NutzernFür sogenannte „Intermediate User“ war es notwendig den Know Your Customer (KYC) Prozess zu durchlaufen, der eine Identifikationsverifizierung...

This week was entirely positive in the cryptocurrency market as almost everything is trading well in the green. It wasn’t without its hurdles, so let’s jump straight to it. Bitcoin managed to push towards $48K last Friday, but the week was filled with choppy price action and a somewhat expected downturn. By Thursday, BTC’s price was in the low $44,000’s, and that’s when the bulls stepped in. On that day, the price shot up and tested $47K – a level that got left behind in the...