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Binance
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Thought Leaders
How Binance Is Charting a Path to Building a User-Focused Platform
2023-09-06T16:05:07.944+02:00
From trust, security & transparency, Binance aims to build the best platform for its users
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Enhancing Embedded Trading Wallet: Paysafe and Eightcap Partner
2023-09-06T15:33:48.158+02:00
Partnership strengthens with embedded trading wallet solution.
A unified solution will transform the trading experience officials believe.
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Binance Suffers Another Blow as Two More Executives Depart in Ongoing Talent Drain
2023-09-04T13:32:24.139+02:00
In recent months, five important figures have left the company.
One of the main reasons is regulatory problems in the US and Europe.
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Binance Shifts Gears: Phases Out BUSD Support, Introduces New Alternative Stablecoin
2023-08-31T13:01:48.928+02:00
The exchange has asked users to convert BUSD into other assets before February next year.
Binance has introduced First Digital USD (FDUSD) as the alternative.
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CryptoCurrency
Binance Japan Gears Up for Full-Service Launch: To Offer Up to 100 Crypto Assets
2023-08-31T09:56:23.933+02:00
The exchange has unveiled its strategy centered on Web3 expansion and stablecoin business.
Binance re-entered Japan last year with the acquisition of SEBC.
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CryptoCurrency
Send Cash: Binance Launches Crypto-to-Bank Payments in Latin America
2023-08-31T05:48:24.640+02:00
The Send Cash product is available in nine Latin American countries.
Binance recently ended crypto card payments in four Latam Countries.
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CryptoCurrency
Binance Drops Banco de Venezuela: Regulatory Compliance behind the P2P Trading Change
2023-08-29T15:45:56.590+02:00
The exchange excluded the bank in compliance with international sanctions.
This move arrived as Binance navigates heightened regulatory scrutiny globally.
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Effect of Supporting Sanctioned Banks? Binance Mulls Russia Exit
2023-08-29T07:10:22.911+02:00
Binance recently dropped support with sanctioned banks from its P2P platform.
The exchange is now reconsidering its whole Russian business.
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CryptoCurrency
Binance Dodges Regulatory Bullet in Belgium, Redirects Users to Poland
2023-08-28T19:37:56.035+02:00
FSMA said customers can only be transferred if they consent.
Binance recently quit the Netherlands, transferring its Dutch clients to a local rival.
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Retail FX
Why the Middle East Could Be Crypto's Next Goldmine
2023-08-28T13:45:27.683+02:00
Binance and others shift focus to UAE amid regulatory challenges in the US.
The region is positioning itself as a global cryptocurrency hub.
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Binance Narrows P2P Services in Russia, Drops Sanctioned Banks
2023-08-28T10:30:39.097+02:00
Russian clients of the exchange were allowed to deposit rubles using five sanctioned banks.
A Binance spokesperson called it a “gap” in its service.
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A Volume-Boosting Tactic? Binance Contacts Lesser-Known Crypto Projects
2023-08-25T15:56:37.081+02:00
The exchange says the outreach is part of its "ongoing risk management initiative."
Binance's crypto market share fell for the fifth consecutive month to 40.4% in July.
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CryptoCurrency
Binance and MasterCard Part Ways: End Crypto Card Partnership in Multiple Countries
2023-08-25T10:07:02.521+02:00
MasterCard’s move impacts card programs in Argentina, Brazil, Colombia, and Bahrain.
Visa also halted co-branded cards with the crypto exchange in Europe earlier.
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CryptoCurrency
Binance’s Card Retreat: Withdraws Crypto Debit Cards from Latin America and Middle East
2023-08-24T13:53:43.465+02:00
Users in the affected regions have until September 21, 2023, to use the cards.
Binance said the decision impacts less than 1% of its users in these regions.
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On-Ramp Services: Binance.US Taps MoonPay as New Payments Provider
2023-08-23T08:59:00.044+02:00
Binance.US has made USDT its base after dropping USD.
The exchange’s users can purchase USDT with USD on Moonpay,
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Binance Allegedly Used Sanctioned Banks for P2P Crypto Transfers in Russia
2023-08-22T22:38:24.775+02:00
The exchange has denied the report.
It quietly lifted restrictions on Russians, according to an earlier report.
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CryptoCurrency
Payment Processor Woes Lead Binance to Limit European Transactions
2023-08-22T10:30:05.688+02:00
One user of the exchange said he could not withdraw his euros.
Binance first reports a 'temporary suspension', then later claims it was an error.
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Exclusive: Israeli Court Accepts Transaction on Binance as Evidence in Fraud Case
2023-08-21T12:58:58.592+02:00
It is the first time an Israeli court admitted transaction data of a crypto exchange as evidence.
The defendants are facing charges under Israel's money laundering laws.
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Rise of the Crypto Underdogs: ‘Low Tier’ Exchanges Gain Market Share after Binance Falters
2023-08-16T09:49:56.281+02:00
Lawsuits against Binance reduced the exchange's market share in 2023.
This mainly benefited smaller platforms, not 'top tier' exchanges.
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Binance's Crypto Payment Wing Shuts Doors after One and a Half Years
2023-08-15T20:46:14.737+02:00
The crypto exchange said it took the decision as part of a regular business review.
Binance recently lost its euro banking partner, Paysafe Solutions.
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CryptoCurrency
Binance Irked by SEC’s Move to Query CEO of US Affiliate
2023-08-15T16:19:54.947+02:00
BAM's CEO and CFO do not have 'unique firsthand knowledge' about customer assets.
In other news, the SEC delayed a decision on ARK Invest's spot BTC application.
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Binance Acknowledged in El Salvador, Granted Crypto Exchange License
2023-08-08T17:55:33.971+02:00
The exchange was awarded a BSP license by the Salvadoran central bank.
So far, Binance is licensed in 18 countries.
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Combined Crypto Spot and Derivative Exchange Volumes Sink to Yearly Low
2023-08-03T15:35:49.570+02:00
Spot and derivatives volumes plummeted to $515 billion and $1.85 trillion, respectively.
Upbit beat Coinbase and OKX to become the second-largest exchange after Binance.
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DOJ Weighs Fraud Charges against Binance, Worried about Bank Run: Report
2023-08-02T20:02:55.927+02:00
US prosecutors are contemplating alternative options such as fine payment.
The SEC and CFTC filed charges against the exchange in recent months.
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CryptoCurrency
Binance Defies China’s Crypto Ban, Records $90B Monthly Trading Volume: Report
2023-08-02T11:07:29.747+02:00
The exchange generated 20% of its trading volumes from China.
China imposed a ban on crypto trading in 2021.
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