Exchanges News

Binance Looking to Hire Developers, Support Staff in Romania

Coins Legend February 24, 2023 0

Global crypto exchange Binance is now hiring IT specialists and customer service representatives for its operations in Romania. The leading coin trading platform is also engaged in a number of educational initiatives in collaboration with Romanian universities and authorities. Cryptocurrency

Exchanges News

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

Coins Legend February 21, 2023 0

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by […]

Exchanges News

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report

Coins Legend February 18, 2023 0

Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply with in the U.S., the executive explained. Binance Plans to Settle With […]

Exchanges News

Binance and Huobi Freeze $1.4 Million in Crypto Linked to North Korea

Coins Legend February 17, 2023 0

Crypto exchanges Binance and Huobi have frozen cryptocurrencies worth approximately $1.4 million linked to North Korea, according to blockchain analytics firm Elliptic. The firm noted that the stolen funds, which were dormant until recently, originated from the June 2022 hack of Harmony’s Horizon Bridge. North Korea-Linked Crypto Frozen by Binance and Huobi Blockchain

Exchanges News

Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security

Coins Legend February 13, 2023 0

Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Securities and Exchange Commission (SEC) against Paxos, the issuer of Binance USD. Binance’s CEO on SEC Action Against Paxos and BUSD Following […]

Regulation

Central Bank of Uruguay Summons to Binance Due to Its Savings Focused Cryptocurrency Products

Coins Legend August 1, 2022 0

The Central Bank of Uruguay has issued a summon to Binance, one of the biggest exchanges in the world, due to the series of crypto-based savings products they are offering in the country. These savings products, according to the bank, can only be made through verified banking institutions or by companies that issue equity in […]

Regulation

Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations

Coins Legend July 18, 2022 0

The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed against the fine and has now submitted an application to register with the central bank. Binance Fined by Dutch Regulator The Dutch central bank, De Nederlandsche Bank (DNB),

News

Binance CEO Meets Senegalese and Ivory Coast Presidents, Says ‘Africa Is Primed for Crypto Adoption’

Coins Legend July 8, 2022 0

Changpeng Zhao, the CEO of cryptocurrency exchange Binance, tweeted that he recently held meetings with the presidents of Senegal and Ivory Coast. The meetings are part of his initiative which is aimed at driving up the adoption of cryptocurrency in Africa and beyond. CZ’s Meeting With the Senegalese President The CEO of Binance, Changpeng Zhao […]

Exchanges

Binance Announces New Payments Partner Amid Fiat Deposit and Withdrawal Suspension in Brazil

Coins Legend June 27, 2022 0

Binance has chosen a new payments partner amid the suspension of direct fiat deposits and withdrawals in Brazil. The company stated it will now work with Latam Gateway, a payments processing company that has been in the payments intermediation business since 2019. Binance reported it would be working to normalize the fiat deposit and withdrawal […]

Exchanges

Binance Launches New Platform for VIP and Institutional Crypto Investors

Coins Legend June 26, 2022 0

Crypto exchange Binance has launched a new platform for VIP and institutional investors. The VIP program allows Binance users to “get rewarded with more discounts and VIP privileges” as their trading volume climbs up VIP tiers. ‘Binance Institutional’ Launched Global cryptocurrency exchange Binance announced Thursday the launch of “Binance Institutional,” a new platform