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Binance News and Articles



NatWest

NatWest banned customers from crypto exchanges using cards

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NatWest announced the temporary suspension of the function for exchanging digital assets with the Binance exchange. The largest commercial bank in the UK mentioned in a statement that its decision is temporary. The reason for such drastic innovations was the uncertainty in the regulation of...

Binance

Hong Kong and Lithuania remind Binance to license company

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Crypto company Binance continues to face claims from regulators around the world. This week, Hong Kong and Lithuania urged exchange management to register with local jurisdictions to be eligible to work with crypto traders. Otherwise, the company will face problems. The Hong Kong regulator reminded...

Binance stock tokens stops

Binance No Longer Supports Stock Tokens Because of Restrains

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Major crypto platform Binance released a blog post saying it ceases support for stock tokens. As the company reports, users that presently own stock tokens, may sell or store them till October 14. The news came amid regulatory issues that the firm has been...

Binance Visa Mastercard

Visa and Mastercard Continue Partnership with Binance

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Major payment companies Visa and Mastercard told Financial Times that clients will be able to access operations with Binance in spite of the current regulatory issues that the company faces. After various countries targeted Binance, some banks and payments firms have stopped working with the...

Italy Binance regulation

Italian Regulators Say Binance Isn't Authorised

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Today, another country's regulatory announced concerns about the crypto exchange Binance. Italy's market watchdog Commissione Nazionale per le Società e la Borsa (Consob) said Binance wasn't authorized to operate in the country. Thus, Italy becomes the latest country to do so. Consob published a...

Santander

Santander announced the blocking of transactions for Binance

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The British division of Santander Bank has stopped sending funds to the Binance cryptocurrency exchange. The blocking of transactions is intended to protect investors as part of the UK Financial Conduct Authority (FCA) policy, in a statement from the Spanish financial giant. The regulator...

Binance

Polish regulator drew attention to the Binance exchange

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Many states are interested in the activities of the Binance cryptocurrency exchange. For example, British banks began to impose restrictions on the withdrawal of funds to Binance against the background of increased government control over the trading floor. Regulators from Canada, Japan, and...

Binance

Binance replied to Barclays decision to ban withdrawals

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Earlier this week, it became known that a large British bank, Barclays, prohibited its clients from sending funds to the Binance cryptocurrency exchange. The financial giant said this decision was prompted by its desire to protect investors from fraudsters. The administration of the Binance...

Binance expanding

Binance Has a New Compliance Head Along with Other Employees

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Major crypto exchange Binance has shared the news of expanding its compliance team amid regulatory issues. Binance's new Director of Compliance is Jonathan Farnell. The exchange aims to develop the scope of its regulatory product, among them regulated e-money and crypto-asset services. Farnell...

Barclays

Barclays has banned clients from sending funds to Binance

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The world's largest crypto exchange Binance has come under scrutiny from many countries. Great Britain was on the list of such countries. The Kingdom's Financial Conduct Authority (FCA) has ordered the Binance platform to stop serving local traders. The regulator motivated its decision by the fact...

The Hermitage

The Hermitage and Binance have started discussions about NFT

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The State Hermitage is in talks with the Binance exchange regarding the issuance of NFTs and the sale of tokenized works of art. This is reported by "Interfax" concerning the statement of the head of the legal department of the museum Marina Tsyguleva. She clarified that all exhibits are...

Binance

Regulators target Binance crypto exchange

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Binance started having problems in many countries. First, it became known about the company’s problems in Canada and the UK. The Japanese Financial Services Agency (FSA) then urged Binance’s management not to hesitate to register to serve local traders. Now control over the activities of the...

Binance UK

The UK's FCA Banned Binance. What Impacts Does it Have?

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On June 26, the UK's Financial Conduct Authority (FCA) published a consumer warning on banning the crypto exchange platform Binance from delivering operations in the country. The decision refers to Binance Markets Limited (BML) and the main company Binance Group. The regulatory body didn't clarify...

Binance guide

A Guide to Binance and the BNB Token

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Binance is one of the most widely used crypto exchanges on a global scale. It provides trading and brokerage services. The name of the platform consists of two words "binary" and "finance", which means digital finance as in the IT industry binary refers to the system that only...

Binance

Binance suspends withdrawals

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On Monday, May 10, Binance suspended the withdrawal of all assets. “Our team is working on this. We apologize for the inconvenience caused and thank you for your patience,” the message says. Trading platform representatives did not disclose the reasons for the suspension. According to them, the...

Binance Chain DeFi TVL

Binance Smart Chain DeFi TVL to Reach Record Highs

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The crypto exchange Binance and its native token BNB have been making new records. Data shows that the TVL (Total Value Locked) in DeFi on the Binance Smart Chain (BSC) has reached record highs standing at around $43 B. It's worth mentioning the noticeable growth of the decentralized exchange...

BaFin

BaFin breaks Binance when launching tokenized stock service

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The Federal Financial Supervisory Authority (BaFin) has warned Binance of a potential violation of securities laws when launching tokenized stock trading. On April 12, the crypto exchange announced the launch of a new service. Two weeks later, the Financial Times announced that regulators in the UK...

Binance

Binance launches NFT marketplace

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Bitcoin exchange Binance will launch an NFT marketplace in June. Existing users of the exchange will have access to the new service. They will be able to create tokens and trade them through their Binance accounts. “Users will be able to create, release and transfer works of art from various...

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