Category: Binance


Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator


Crypto Exchange Binance Terminates Some Services in South Africa After Warning by RegulatorBinance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by the South African financial regulator that Binance Group was not authorized to give any financial advice or render any intermediary services in the country. Binance Ceases Some Services in South Africa […]


Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator


Crypto Exchange Binance Terminates Some Services in South Africa After Warning by RegulatorBinance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by the South African financial regulator that Binance Group was not authorized to give any financial advice or render any intermediary services in the country. Binance Ceases Some Services in South Africa […]


Crypto Exchange Binance Terminates Some Services in South Africa After Warning by Regulator


Crypto Exchange Binance Terminates Some Services in South Africa After Warning by RegulatorBinance has announced that it is terminating some services in South Africa to comply with regulations. This move followed a warning issued by the South African financial regulator that Binance Group was not authorized to give any financial advice or render any intermediary services in the country. Binance Ceases Some Services in South Africa […]





How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds


How Binance Helps Legal Authorities Take Down Cybercriminals Laundering FundsAccording to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon […]


Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency


Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers. Major Crypto Exchanges Stop Signing Up Chinese Users Following China’s latest […]


Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation


Crypto Exchange Binance Terminates Some Services in Singapore to Comply With RegulationBinance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange Binance announced Monday some changes to its offerings in Singapore. The company wrote:  With effect from […]






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, […]


Binance Prepares Changes to Work With Regulators Worldwide


binanceBinance, the leading cryptocurrency exchange, has announced it is preparing changes to be able to work with regulators more closely. Its CEO, Changpeng Zhao, stated the company is ready to apply the needed revisions to transform the exchange into a regulated financial institution in the future. This is Binance’s answer to a series of regulatory […]





South African Exchange Sets New Crypto Withdrawal Limits — Restrictions ‘a Deterrent for Illicit Actors’


One of South Africa’s biggest cryptocurrency exchanges, Luno, has confirmed that it has started restricting withdrawals by clients. The exchange insists the limits are meant to “act as a deterrent for illicit actors moving large amounts of funds within the crypto ecosystem.” Transfers From Luno to Binance Blocked However, despite this acknowledgement, Luno has so […]




Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams


venezuelanSunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national cryptocurrency, petro (PTR), advising users to always keep their accounts’ passwords secure. This is the government’s answer […]


Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With Regulations


Crypto Exchange Binance Ceases Trading in Singapore Dollars to Comply With RegulationCryptocurrency exchange Binance has announced that it will cease offering trading pairs and payment options in Singapore dollars to remain compliant with the country’s regulators. The announcement followed a notice issued by the Monetary Authority of Singapore (MAS) stating that Binance “may be in breach of the Payment Services Act.” Binance Complying With Singapore’s Regulations […]


Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather Steam


Total Value Locked Across Defi Nears $200 Billion, Non-Ethereum Projects Gather SteamAt the time of writing, the total value locked (TVL) in decentralized finance (defi) is around $176 billion across various blockchains like Ethereum, Binance, Terra, Polygon, Solana, and Avalanche. While Ethereum commands $130 billion of the aggregate total locked, a myriad of other defi-fueled blockchains continue to see TVLs steadily rise. Total Value Locked Across […]