Bitcoin futures data hints at $22K as the next logical step
BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects. Go to Source
Binance
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Binance head of product quits as executive exodus continues
Binance’ product lead Mayur Kamat says he is passing the baton to “next gen leaders” to take some time off after years of product work. Go to Source
Binance pushes new stablecoin as it confirms plan to cease BUSD support
Paxos has earlier said it will halt support of Binance’s stablecoin by February 2024, now the exchange has said it will also stop support by that time. Go to Source
Binance scouts art for Pierre Gasly’s F1 helmet at Abu Dhabi GP
Binance announced a helmet design competition to shortlist the winning art, which will be used as the helmet artwork of Gasly, who was the winner of the 2020 Italian Grand Prix. Go to Source
Binance launches crypto-to-bank account payment product in Latin America
Binance’s Send Cash product will facilitate crypto payments from nine countries to bank accounts based in Argentina and Colombia. Go to Source
Sealing docs in Binance case could suggest a criminal probe, says former SEC official
According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret. Go to Source
Binance excludes Banco de Venezuela from P2P payments
Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009. Go to Source
Binance leaving Russian market is ‘on the table’: Report
A Binance spokesperson reportedly said the global cryptocurrency exchange was considering all options in regards to Russia, “including a full exit”. Go to Source
Binance says it ‘continues to serve’ Belgian users via Poland entity
In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements. Go to Source
Binance adds fiat currency restrictions for Russian users
Russian residents are now the only eligible users of Binance P2P that can use the Russian ruble, but they are also not allowed to use other currencies. Go to Source
