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Binance News and Articles



Binance

Binance has no plans to stop serving Russian users yet

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A fresh round of sanctions on Moscow is being prepared by the European Union. Brussels is investigating ideas for a total ban on cryptocurrency transfers for Russians. Russian Federation residents in particular won't be allowed to utilize bitcoin wallets and sites that are registered in the...

VARUS crypto

Ukrainian Supermarket Chain VARUS to Accept Crypto Payments

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Ukraine-based supermarket chain VARUS partners with Binance to allow crypto payments through Binance Pay technology. According to an announcement by Binance, customers can make instant crypto transactions in the capital Kyiv and 8 other Ukrainian cities. VARUS is one of the largest stores in...

Binance USDC

Binance Stops Supporting the USDC Stablecoin

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Leading crypto exchange Binance revealed stopping support for the second largest stablecoin USDC. According to a press release, the platform will exchange users' holdings to its Binance USD in an automated way. Binance will no longer offer USDC Savings and DeFi Staking options, and all USDC...

Binance

US will check Binance for compliance with anti-money laundering laws

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The US prosecutor's office became interested in Binance for its compliance with anti-money laundering legislation. At the end of 2020, US law enforcement turned to the management of the trading platform to provide them with internal documentation that could identify suspicious transactions....

Binance

Binance Suspends Tezos Startup Baking Bad Account

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Cryptocurrency exchange Binance has suspended the corporate account of Tezos ecosystem-focused startup Baking Bad. The latter called the actions of the platform unlawful. “July 1, without any explanation, our corporate account on Binance was blocked. Today all our balances were reset to zero...

Binance

Binance maintains its leading position in the crypto market

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Binance is confidently holding the first place in the ranking of cryptocurrency exchanges both in terms of trading volumes and in terms of popularity among Internet users. This platform is ahead of its competitors in terms of popularity in many countries. According to SimilarWeb, more than 300...

Kazakhstan

Binance is preparing to receive a license from Kazakhstan

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In May 2022, the CEO of the Binance exchange, Changpeng Zhao, visited Kazakhstan and conferred options for cooperation with the President of the Republic, Kassym-Jomart Tokayev. The crypto company expressed its readiness to help this Asian state in the formation of its own blockchain...

Philippine

Philippine authorities urge traders not to use the services of Binance

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The Philippines is on the list of countries in the Asia-Pacific region leading in terms of the adoption of cryptocurrencies. However, the authorities react negatively to this trend. The Philippine Securities and Exchange Commission has issued an appeal to citizens not to use the services of the...

Yi He

Binance co-founder to lead exchange's venture arm

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Co-founder of Binance Yi He will take over as the organization's venture capital and incubator division's chief. The CEO of Binance Labs will be in charge of overseeing the company's overall strategy and operations. Her emphasis will include advancing the utility of cutting-edge cryptocurrency and...

Changpeng Zhao

Binance plans to gain a foothold in the Turkish market

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Binance CEO Changpeng Zhao and head of the Eastern European branch of the exchange Gleb Kostarev discussed cooperation options with the Turkish authorities. The world's largest cryptocurrency platform plans to gain a foothold in the Middle East and Europe. In addition, she is ready to help states...

Binance CEO Modern Media

Binance CEO Sued Bloomberg's Modern Media

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The Chief Executive Officer of Binance, Changpeng Zhao (CZ) filed a lawsuit against Modern Media, Bloomberg Businessweek/Chinese-language publisher. CZ accuses the company of defamation. According to a report by Hong Kong Economic Times, CZ said Bloomberg Businessweek published an article on July...

Netherlands Binance

Dutch CB Fined Binance for Providing Services Without License

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De Nederlandsche Bank fined Binance $3.4 M in the country for offering services while not being registered. A statement by the regulator says Binance took advantage of not paying taxes to the bank and escaping regulation payments. The authority says Binance had been violating the rules for a while,...

Binance

Binance Exchange User Activity Jumps After Fees Are Eliminated

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Trading volume on Binance surged at the end of last week following the cancellation of Bitcoin fees. On July 6, the administration announced that due to the platform’s fifth anniversary, commissions for spot trading of BTC paired with 13 currencies are being canceled. Each user will be able to...

Binance Ivory Coast

Binance CEO Meets Ivory Coast President to Talk about Crypto

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Changpeng Zhao (CZ), the Chief Executive Officer of the largest crypto exchange platform Binance met with the Ivory Coast's (Côte d'Ivoire) president Alassane Ouattara. They discussed economic and financial aspects related to crypto. CZ tweeted that Africa is primed for crypto adoption with...

Khaby Lame

Popular TikToker Khaby Lame Becomes Binance Ambassador

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Binance has announced a collaboration with vlogger Khabane "Khaby" Lame. An Italian of Senegalese origin with 144 million followers on TikTok has become an ambassador for the bitcoin exchange. Lame leads the ranking of TikTok accounts in terms of the number of subscribers. He attained...

Changpeng Zhao Bitcoin

Binance CEO Says BTC Could Stay Below $69 K for Some Time

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Changpeng Zhao, the founder, and CEO of the top cryptocurrency exchange platform Binance finds Bitcoin could stay below its all-time high of $69,000 for the next two years after the recent crypto market crash. In an interview with the Guardian, CZ noted 4 years ago people would have been very happy...

Binance Bitcoin withdrawals

Binance Temporarily Paused Bitcoin Withdrawals

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Binance, the largest crypto exchange by trading volume temporarily paused Bitcoin withdrawals amid the market selloff as the price of the coin fell below $24,000. Binance CEO Changpeng Zhao or CZ announced about the issue on Twitter, saying that it was caused by a stuck transaction which led to a...

Binance

Binance spoke about initiatives to help Ukraine

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Binance reported on its initiatives to help Ukrainian residents affected by the war. Binance representatives said that from April 26 to June 10, almost 70,000 people issued a cryptocurrency Binance Refugee Card. To receive financial support through it, users must contact non-profit partner...

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