Binance Archives - Page 5 of 8

August 21, 2023

Binance Addresses Withdrawal Challenges in Europe Amid SEPA Suspension

In a significant turn of events, Binance, a prominent player in the cryptocurrency exchange sphere, has acknowledged the ongoing predicament faced by several of its European users concerning fiat withdrawals. This issue arises from a temporary suspension of EUR transactions via the widely used SEPA...

#Binance #CRYPTOCURRENCY #Europe #NEWS #Regulation

August 09, 2023

Binance Secures Licenses to Operate in El Salvador

Binance, the world’s largest cryptocurrency exchange by trading volume, has received two licenses to offer its services in El Salvador, the first country to adopt Bitcoin as legal tender. The licenses will allow Binance to provide tailor-made products and services to Salvadorans, who can now ...

#Binance #CRYPTOCURRENCY #El Salvador #NEWS #Regulation

July 12, 2023

Crypto Exchanges Vie for Control in the US Amid Regulatory Woes

A battle for dominance among crypto exchanges is underway in the United States, the world’s largest crypto market. Recent regulatory crackdowns have sent shockwaves through the sector, prompting significant shifts in market share among the leading exchanges. A Reuters report showed that Coinb...

#Binance #COINBASE #Crypto Exchanges #Kraken #NEWS

July 07, 2023

Binance faces Major Setbacks as Top Executives Depart

Binance, the global leader in cryptocurrency exchange, is facing a tumultuous period as several high-ranking executives bid farewell, compounding the mounting legal and regulatory hurdles the company is currently confronting. The departures of these key figures raise questions about the future traj...

#Binance #CRYPTOCURRENCY #NEWS #Regulation

June 29, 2023

Binance Faces Regulatory Roadblocks in Germany

Leading the pack in the world of cryptocurrencies, Binance has hit a speed bump on its journey to “conquer” Europe. The German regulator, BaFin, has taken the wind out of Binance’s sails by denying the company’s application for a crypto custody license. It’s a blow that has left B...

#Binance #CRYPTOCURRENCY #NEWS #Regulation

June 19, 2023

Binance Withdraws Permissions Granted by UK Regulator

Leading cryptocurrency exchange Binance has voluntarily canceled several permissions granted to its UK unit by the UK’s top financial regulator, according to an update on the regulator’s website. The move comes as Binance Markets Limited decided to withdraw permissions for activities it...

#Binance #CRYPTOCURRENCY #MiCA #NEWS #Regulation

June 19, 2023

A Guide to the Top 5 Projects on the Binance Blockchain

BNB blockchain has gone through various rebrandings. It is now made up of two blockchains: BNB Smart Chain (formerly known as Binance Smart Chain) and BNB Beacon Chain (BC). To enable short block times and cheaper costs, BNB Chain employs a proof of staked authority (PoSA) consensus process support...

#.blockchain #Binance #DeFi

June 07, 2023

IOG Responds to SEC’s Claim That Cardano Is a Security

Global blockchain developer Input Output Global (IOG), the company behind Cardano, has firmly fired back at the U.S. Securities and Exchange Commission’s (SEC) recent assertion that ADA qualifies as a security. In a statement released on Wednesday, IOG left no room for doubt, declaring, “Unde...

#ADA #Binance #Cardano #COINBASE #CRYPTOCURRENCY #NEWS #Robinhood #SEC

June 06, 2023

Binance Witnesses Massive Outflows Following SEC Lawsuit

Binance, the world’s leading cryptocurrency exchange, is facing a major challenge as it experiences substantial net outflows triggered by the recent lawsuit filed against it by the United States Securities and Exchange Commission (SEC). Crypto traders are taking swift action, withdrawing thei...

#Binance #BITCOIN #CRYPTOCURRENCY #Ethereum #NEWS