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Tag Archives: Binance

Binance Futures to Remove XRP and TUSD as Margin Assets, Converting to USDT

[unable to retrieve full-text content]CoinspeakerBinance Futures to Remove XRP and TUSD as Margin Assets, Converting to USDT The announcement by Binance to stop supporting XRP could have some negative sentiment on the coin as various speculations about the possible reasons are expected to start flying. Binance Futures to Remove XRP and TUSD as Margin Assets, Converting to USDT

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Nigerian Government Refutes $150M Bribery Claims by Binance CEO

The Nigerian government has denied the allegations made by Binance’s CEO, Richard Teng, claiming that its officials demanded a $150 million bribe to settle the criminal charges against the crypto exchange. In an official statement released on Wednesday, the Special Assistant to the Minister of Information and National Orientation, Rabiu Ibrahim, dismissed the claims as baseless. A “Diversionary Tactic” Ibrahim stated that the allegations were part of a coordinated effort by...

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Binance Slapped With $4.4 Million Fine By Canadian Government

Canada has imposed a fine against Binance – the world’s largest crypto exchange – for running afoul of the nation’s anti-money laundering rules last year. Per a public notice published on Thursday, the federal government said Binance didn’t comply with rules and registrations related to operating as a foreign money services business (FMSB). Binance Fined $4.4 Million By Canada The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) wrote: “Binance Holdings...

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Binance CEO Exposes Nigerian Authorities: Demands Immediate Release of Detained Exec

Binance CEO Richard Teng has advocated for the release of Tigran Gambaryan, head of the crypto exchange’s Financial Crime Compliance team, who has been detained by the Nigerian government for over 70 days. Gambaryan reportedly flew to the country in February for talks on collaborative policy meetings, only to be detained later. This move by the Nigerian authorities has set a dangerous new precedent for all companies worldwide, Teng said in his statement. Arrest of Executives...

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Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

[unable to retrieve full-text content]CoinspeakerBitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank Bitpanda crypto exchange and Raiffeisen Bank announced a strategic partnership earlier last year but initially focused on Vienna-based customers. Bitpanda Expands Austrian Presence via 55 Branches of Raiffeisen Bank

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