By securing the Virtual Asset Service Provider (VASP) license in Dubai, Binance Holdings Ltd. has accomplished a major milestone. This accomplishment showcases Binance’s dedication to successfully negotiating the complex regulatory environment while relentlessly expanding its worldwide footprint. To ensure compliance with legal requirements and to facilitate the effortless acquisition of
The crypto landscape is buzzing with anticipation as 2024 unfolds, spotlighting meme coins that are gearing up for their breakout moments. Solana’s ascent in the crypto realm is undeniable, and SOL-based meme coins are seizing the spotlight. Titans like $WIF and $BOME are cementing their positions, while new entrants aim
As we have seen in recent months, the crypto market has shown a tremendous jump. And April is no different to this. But what makes April even more exciting is the upcoming Bitcoin halving event. Investors are gearing up to capitalize on the anticipated market surge, eyeing meme coins that
Richard Teng, the exchange’s new chief executive officer after Changpeng Zhao’s resignation, is one of seven members of Binance’s board, according to a Bloomberg article. Binance executives Lilai Wang, Jinkai He, and Heina Chen all have equal board representation. Gabriel Abed, a former ambassador of Barbados to the UAE, Arnaud
In an effort to limit access to the crypto exchange inside the Philippines, the Securities and Exchange Commission (SEC) instituted regulations. This action is taken in reaction to the concerns raised over Binance’s potential unlawful actions inside the jurisdiction. Moreover, in a 25 March announcement, the SEC mentioned its request
Crypto exchange Binance reported on March 18 that the value of its assets under custody had surpassed $100 billion. When compared to the $40 billion that was recorded last year, this accomplishment is substantial. Reasons cited by Binance for the growth include the exchange’s dedication to maintaining a 1:1:1 ratio
Changpeng Zhao (CZ), co-founder and ex-CEO of Binance, unveiled a new initiative on Monday and promised to provide more information shortly. Instead of a new token, CZ announces a “Education project” in an X post. No details about the project’s scope or compatibility with the Binance platform have been disclosed.
Binance Holdings Ltd., a major cryptocurrency exchange, faces significant legal repercussions in the United States. US prosecutors are strongly advocating for a federal judge in Seattle to approve a plea deal with Binance, which has admitted to serious violations including anti-money laundering and sanctions breaches. The plea deal involves Binance
The announcement by Binance CEO Richard Teng on Thursday—that the exchange’s user base increased by 30% in 2023—sends a strong signal as the biggest cryptocurrency trading platform in the world attempts to move on from the November settlement with U.S authorities and the resignation of founder Changpeng Zhao (CZ). As
Binance founder Changpeng Zhao (CZ) has asked a federal court in the U.S to issue a travel authorization order, which is the most recent move in the ongoing case against him by the United States DOJ. Previously, the court had directed that the former CEO of Binance reside in the
