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Tag Archives: Binance

Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information 

[unable to retrieve full-text content]CoinspeakerBrazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information  Despite the lack of a clear regulatory framework, the government still wants to know how Binance, Coinbase, Kraken, OKX, and other exchanges registered outside of its border conduct their businesses within the country. Brazil’s Tax Authority to Call on Foreign Crypto Exchanges for Information 

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Nigeria Drops Tax Evasion Charges Against Binance Executives

Events in the saga between Nigeria and Binance continue to unfold. This time, the country dropped tax charges against the exchange’s executives. According to a tweet by Nigerian journalist Alexander Onukwue, the Federal Inland Revenue Service (FIRS) of Nigeria has withdrawn the tax evasion charges against Tigran Gambaryan, Binance’s head of financial crime compliance, and Nadeem Anjarwalla, the exchange’s director for Africa operations. Binance Execs Free From Tax Charges In...

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US Lawmakers Urge Biden to Secure Release of Detained Binance Exec in Nigeria

A group of U.S. lawmakers has called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for nearly three months. The appeal, led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) and supported by 11 other congressional leaders, demands that the situation be treated as a hostage crisis and that immediate action be taken to secure Gambaryan’s release. U.S....

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Here’s Why Bitcoin Needs Scaling Solutions, According to Binance

The onboarding of new Bitcoin users and the creation of new use cases for the leading digital network continue to emphasize the need to build scaling solutions on the blockchain. A new research report by crypto exchange Binance, The Future of Bitcoin, outlines reasons why the crypto network needs strong scaling solutions. Why Bitcoin Needs Scaling Solutions In December 2022, Casey Rodarmor launched the Ordinals protocol, which led to the creation of inscriptions and triggered...

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Binance Will Temporarily Halt Withdrawals and Deposits on the Ethereum (ETH) Network: Details

TL;DR Binance will temporarily suspend ETH deposits and withdrawals for two hours during wallet maintenance. The company regularly updates its platform by adding new trading pairs and delisting certain cryptocurrencies due to security or liquidity issues, continuously aiming to enhance user experience. The Upcoming Development The world’s largest cryptocurrency exchange will perform wallet maintenance for the Ethereum (ETH) network on May 29. The process is scheduled to take...

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