In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has indicated plans to amend its complaint against Binance, the world’s largest crypto exchange. This move could change how certain digital tokens are classified under securities law. The SEC filed a lawsuit against Binance and its former CEO, Changpeng Zhao, […]
Binance Overview An initial coin offering (ICO) was used to introduce Binance Coin, commonly known as BNB, and it quickly integrated with the Binance platform for uses other than lower trading costs. Binance was founded in 2017 by Changpeng Zhao (CZ), an entrepreneur with prior experience in both information technology and entrepreneurship. CZ sold […]
Binance, the world’s largest cryptocurrency exchange by trading volume, has announced it will soon restrict access to stablecoins that are considered “unregulated” by the European Union. This change will take effect on June 30, 2024, aligning with the EU’s new Markets in Crypto-Assets Regulation (MiCA). In a recent statement, Binance emphasized that the implementation of […]
The crypto market is buzzing with new regulations and fines as Italy and India make big moves to control the digital currency market. Let’s break down what’s happening and what it means for crypto users and companies. Italy to Fine Crypto Market Manipulators Italy is getting serious about watching the crypto market. They’re planning to […]
The world’s biggest crypto exchange, Binance, has reinstated Mastercard as a payment method after the credit card giant had previously halted its services for the platform last year. Mastercard users can once again buy crypto on Binance using their cards. Crypto made easy—buy and sell with ease. 🤌 Use Mastercard, Visa, or SEPA, for bank […]
Binance, a leading global cryptocurrency exchange, has achieved a significant milestone in its expansion efforts by securing regulatory approval from India’s Financial Intelligence Unit (FIU). This approval marks a major breakthrough for the company, making it the second international exchange to receive such clearance in India, following KuCoin’s earlier compliance achievement. JUST IN: 🇮🇳 Binance […]
Crypto staking has emerged as a lucrative avenue for investors to earn passive income on their digital assets. With the total staked value exceeding $700 billion, selecting a reliable staking platform becomes paramount. Here, we present an analysis of leading crypto-staking platforms based on criteria such as fees, usability, security, and trust. Coinbase Staking: Earn […]
Starting April 18, Binance’s NFT marketplace will discontinue its support for trading and depositing Bitcoin Ordinals. Binance is gradually reducing its backing for Bitcoin nonfungible tokens (NFTs) shortly after their introduction to its marketplace. In an April 4 blog post, Binance revealed plans to “simplify product offerings” on the Binance NFT platform. As a result, […]
Philippines Securities and Exchange Commission imposes restrictions on Binance access, citing concerns about illegal activities and the protection of investors. The Philippines Securities and Exchange Commission (SEC) has enacted measures to limit local access to the Binance cryptocurrency exchange. This action is a response to concerns regarding Binance’s alleged involvement in illegal activities within the […]
