Binance will suspend cryptocurrency services for customers across much of the European Union beginning July 1 after failing to obtain authorization under the bloc's new Markets in Crypto-Assets (MiCA) regulatory framework, marking one of the biggest setbacks yet for the world's largest cryptocurrency exchange. … [Read more...] about Binance to halt EU crypto services after missing MiCA licence deadline
Binance faces EU access risk as Greek MiCA decision looms
Binance is facing a critical test in Europe, with its ability to serve customers across the European Union reportedly at risk as the bloc’s crypto licensing deadline approaches. … [Read more...] about Binance faces EU access risk as Greek MiCA decision looms
BNB Smart Chain successfully tested quantum-resistant cryptography
BSC’s test of quantum-resistant cryptography worked. The trade-off: roughly 40% slower transaction throughput. … [Read more...] about BNB Smart Chain successfully tested quantum-resistant cryptography
Binance offers UAE staff relocation option amid regional tensions
Binance has offered its employees in the United Arab Emirates the option to temporarily relocate to several Asian cities as ongoing regional tensions disrupt business activity across the Middle East. … [Read more...] about Binance offers UAE staff relocation option amid regional tensions
Binance is nearing a deal to remove DOJ compliance monitoring
Binance, the world's largest cryptocurrency exchange, is in talks with the US Department of Justice to potentially ease a key oversight requirement in its $4.3 billion money laundering settlement. This move is part of a broader trend by the DOJ to reconsider the use of independent monitors for corporations. … [Read more...] about Binance is nearing a deal to remove DOJ compliance monitoring
Binance inflows hit $21.6 billion in January-December 2024
Binance, the world’s largest cryptocurrency exchange, has reported over $21.6 billion in user fund deposits in the first 11 months of 2024, outpacing 10 other major exchanges combined, according to DefiLlama data. … [Read more...] about Binance inflows hit $21.6 billion in January-December 2024
Binance reaches historic milestone: 200 million users
Binance, one of the world’s leading cryptocurrency exchanges, has reached a significant milestone by surpassing 200 million users. This achievement underscores Binance's pivotal role in the ongoing evolution of the cryptocurrency market and reflects the growing global interest in digital assets. … [Read more...] about Binance reaches historic milestone: 200 million users
A new chapter for cryptocurrency regulation in India
Recent developments mark a significant shift in India's approach to cryptocurrency regulation. Both Binance and KuCoin have made headway in aligning with the Indian government's stringent financial regulations. KuCoin, by becoming the first Financial Intelligence Unit-India (FIU-India) compliant global crypto exchange, has set a precedent for regulatory compliance and is … [Read more...] about A new chapter for cryptocurrency regulation in India