Binance Reportedly Seeks to Curb US Oversight
The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.
The media published information according to which Binance executives met with US Treasury officials last month and discussed loosening government oversight of the company.
Binance has discounted spot trading of pairs with USDt Tether in the European Economic Area (EEA) as a part of efforts to comply with the Markets in Crypto-Assets Regulation (MiCA).
Emirati state-owned investment company MGX announced $2 billion in financial injections into Binance, which was the cryptocurrency exchange’s first institutional investment and the single largest investment in the virtual currency sector.
Changpeng Zhao, co-founder and former chief executive officer of Binance, stated that the listing process on cryptocurrency exchanges contains disadvantages.
In recent years, the Binance cryptocurrency exchange has become the object of intense attention from governments around the world, and the French authorities have initiated another legal challenge.
Binance chief executive officer Richard Teng, during a conversation with media representatives at the World Economic Forum in Davos, Switzerland, said that in the current year, the crypto market will reach a new historic high amid positive regulatory changes in the United States after the inauguration of Donald Trump.
The market capitalisation of cryptocurrencies traded by AI agents surged by 322% in the fourth quarter of 2024.
Binance attributes the growth in customer deposit inflows to a global surge in the adoption of digital assets, historic price milstones, and the increasing regulatory clarity regarding cryptocurrency status.
Binance remains the top cryptocurrency exchange globally by cumulative trading volume after surpassing the threshold of $100 trillion.
Changpeng Zhao (CZ), the former CEO of Binance, is out of prison and vows to increase his investment in technology sectors such as blockchain, artificial intelligence, and biotechnology.
Binance mobile app amassed over 6.3 million downloads in the first quarter of 2024, with a 21% lead over its nearest competitor Revolut.
Within a time-limited promotion, new users could aggregate volume from not only crypto but also their traditional spot or futures trading venues to qualify for Binance VIP status and benefits.
Binance and Gulf Innova, a subsidiary of Gulf Energy Development, have announced that their joint venture, the Binance Thailand crypto exchange, is open for trading.
Binance was able to demonstrate the growth of its business, despite numerous litigation with regulators.
India has imposed restrictions on foreign crypto exchanges, including Binance.
Changpeng Zhao, the now ex-CEO of Binance, pleaded guilty to breaking sanctions and money laundering. Binance is set to pay $4.3 billion to settle the criminal charges, one of the largest penalties ever obtained by the US from a corporate defendant. Will Binance, US and otherwise, survive the courthouse trashing of its reputation? Will other […]
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