Crypto Exchange Binance Restricts 281 Nigerian Accounts — Some Requested by International Law Enforcement

Crypto Exchange Binance Restricts 281 Nigerian Accounts Citing International Compliance LawsCryptocurrency exchange Binance has restricted 281 Nigerian user accounts. Citing user security and fraud prevention, CEO Changpeng Zhao explained that “approximately 38% of these cases [are] restricted at the request of international law enforcement.” 281 Nigerian Accounts Restricted by Binance, CEO Says 79 Cases Have Been Resolved Cryptocurrency exchange Binance has sent a letter to […]

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Binance to Launch New Cryptocurrency Exchange in Thailand After Thai SEC Filed Criminal Complaint

Binance to Relaunch Crypto Exchange in Thailand After Thai SEC Filed Criminal ComplaintCrypto exchange Binance is launching a new exchange in Thailand after the country’s Securities and Exchange Commission (SEC) filed a complaint against the company for operating without a license. Binance has now signed an agreement with Gulf Energy Development, a Thai public company, to establish a crypto exchange in Thailand. Binance and Gulf Energy to […]

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Binance Developing Crypto Exchange in Indonesia

Binance Developing Crypto Exchange in Indonesia With Telkom Asia's Venture Capital ArmBinance has formed a joint venture with a consortium led by Telkom Indonesia’s $830-million venture capital arm. Binance aims “to expand the blockchain ecosystem in Indonesia with the development of a new Indonesian-based digital asset exchange.” Binance Building Cryptocurrency Exchange in Indonesia Blockchain and cryptocurrency infrastructure provider Binance announced Wednesday that it has established a […]

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Binance Shutting Down Crypto Exchange Services in Singapore

Binance Shutting Down Crypto Exchange Services in SingaporeCrypto exchange Binance is winding down its exchange operation in Singapore after the company decided to withdraw its application with the Monetary Authority of Singapore (MAS) to operate a digital asset exchange in the country. “Buying and selling of crypto from existing assets of users will be discontinued from 13 January 2022,” said Binance Singapore. […]

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Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain Industry

Binance Launches $1 Billion Fund to Boost Adoption of Its Smart Chain and Entire Blockchain IndustryCrypto exchange Binance has launched a $1 billion fund which it calls “the biggest funding program of its kind in the whole cryptocurrency industry.” The company aims for the fund to “push the adoption” of the Binance Smart Chain and “the whole blockchain industry.” Binance Launches ‘the World’s Largest Crypto Accelerator’ Cryptocurrency exchange Binance announced […]

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Crypto Exchange Binance Ceases Derivatives Trading in Australia

Crypto Exchange Binance Ceases Derivatives Offerings in AustraliaAmid regulatory scrutiny worldwide, global cryptocurrency exchange Binance has announced that it will cease offering futures, options, and leveraged tokens to Australian users in 90 days. Changes Coming to Binance Australia Cryptocurrency exchange Binance announced some changes to its offerings in Australia Tuesday. The exchange will cease offering futures, options, and leveraged tokens to existing […]

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US Authorities Investigate Binance for Insider Trading and Market Manipulation: Report

US Authorities Investigate Binance for Insider Trading and Market Manipulation: ReportBinance’s troubles with regulators grow as U.S. authorities are now reportedly investigating the exchange for possible insider trading and market manipulation. The investigation involves the Commodity Futures Trading Commission (CFTC). The Justice Department (DOJ) and the Internal Revenue Service (IRS) have also been investigating Binance on a separate issue. Binance Probed for Possible Insider Trading, […]

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