Binance threatens full restrictions on unverified sub-account holders - African News - News

Binance threatens full restrictions on unverified sub-account holders

Cryptocurrency exchange Binance has announced measures that will be taken against users with accounts on its Exchange Link program. According to the support/announcement/binance-exchange-link-mandatory-identity-verification-kyc-requirements-801c97aa0b07474387487149b13cc8bf” rel=”nofollow noopener” target=”_blank”>announcement, Binance has mandated users of sub-accounts to ensure prompt completion of their mandatory Know Your Customer (KYC). The exchange noted that only users who have complied with the directive…

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Binance discontinues support for Bitcoin Ordinals on its NFT - Binance News - News

Binance discontinues support for Bitcoin Ordinals on its NFT

Binance, one of the most important cryptocurrency exchanges, reports a major modification in its marketplace of NFTs (Non-Fungible Tokens). According to messages in a blog post, the exchange stopped supporting Bitcoin ordinals on the NFT platform. This followed earlier announcements that the exchange promised to clean up its product offering and improve user experience. End…

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Crypto exchange Binance reinforces the board with three new independent members - Binance News - News

Crypto exchange Binance reinforces the board with three new independent members

Binance, a cryptocurrency exchange platform, has added three new independent members to its board of directors. The silent reflection of the update, through their official Website, on August 1, promoted the addition of Gabriel Abed, Xin Wang, and Arnaud Ventura as independent directors to the Board, expanding the composition, which represents mainly senior Binance executive…

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Binance executives launch legal battle against Nigerian authorities - Binance News - News

Binance executives launch legal battle against Nigerian authorities

Nigeria, high position officials of Binance, the global cryptocurrency exchange, are facing a court case with the security forces in the country. Tigran Gambaryan, the detained Binance executive, and Nadeem Anjarwalla, the African manager of the company, have both brought lawsuits against the National Security Adviser (NSA) Nigeria and the Economic Financial Crimes Commission (EFCC),…

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Binance phases out Tron USDC amidst regulatory backlash - Binance News - News

Binance phases out Tron USDC amidst regulatory backlash

Binance Discontinues Support for tron USDC Stablecoins: Navigating Regulatory Challenges Binance Discontinues tron USDC Support: A Strategic Move Amidst Regulatory Pressure In response to intensifying regulatory scrutiny and the impending blockade by the Philippines Securities and Exchange Commission (SEC), Binance, a leading cryptocurrency exchange, has announced the termination of support for tron network-based USD Coin…

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Binance Futures Unveils Exciting New Trading Challenge with a Chance to Win a Tesla Model Y - Binance News - News

Binance Futures Unveils Exciting New Trading Challenge with a Chance to Win a Tesla Model Y

Binance Futures, the leading cryptocurrency futures trading platform, has recently announced the launch of its newest and most exciting trading competition – The Futures Ultimate Challenge. This hotly anticipated event offers traders an unparalleled opportunity to win a share of 1.4 BTC in token vouchers, one of four Tesla Model Y vehicles, and other exclusive…

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Nigerian court orders Binance to provide trading data amidst financial crime probe - Binance News - News

Nigerian court orders Binance to provide trading data amidst financial crime probe

A Milestone in Nigeria’s Crackdown on Cryptocurrency Financial Crimes: Court Orders Binance to Provide Detailed Information on Nigerian Users Background and the EFCC’s Proactive Approach In a major turn of events in Nigeria’s ongoing performance against financial crimes involving cryptocurrency, the Economic and Financial Crimes Commission (EFCC) has secured an interim court order mandating Binance,…

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Regulatory pressure spurs Binance to tighten US investor screening - Binance News - News

Regulatory pressure spurs Binance to tighten US investor screening

Binance Fortifies Compliance Measures: Tightening Controls on US Investors Binance’s Strict New Approach Towards US Investors In response to the mounting regulatory pressure and recent legal challenges, Binance, the world’s leading digital asset trading platform, is taking decisive steps to strengthen its compliance measures. According to credible sources, Binance has instructed prime brokers, including FalconX…

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Pressure mounts on Biden administration to secure release of Binance executives detained in Nigeria - Binance News - News

Pressure mounts on Biden administration to secure release of Binance executives detained in Nigeria

The Biden administration is facing mounting pressure to intervene in the Nigerian government’s detention of two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla. The detentions, which began on February 26, 2024, have sparked an outcry from various stakeholders, including the U.S. Chamber of Digital Commerce, due to concerns over due process and diplomatic relations. The…

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Binance Strengthens Token Listing criteria to safeguard investors - Binance News - News

Binance Strengthens Token Listing criteria to safeguard investors

In Response to Regulatory Challenges and Investor Safety Concerns, Binance Implements Stricter Token Listing Criteria: Binance Reinforces its Token Listing Process Binance, the globally recognized leading cryptocurrency exchange, has recently made significant changes to its token listing process. The platform aims to strengthen investor protection measures and ensure transparency and accountability within the crypto ecosystem…

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Binance Earns Recognition from Taiwan for Collaborative Efforts in Law Enforcement - Binance News - News

Binance Earns Recognition from Taiwan for Collaborative Efforts in Law Enforcement

In a groundbreaking recognition of its steadfast dedication to security and regulatory compliance, Binance, the foremost cryptocurrency exchange in the world, has garnered praise from Taiwan’s Ministry of the Interior for its unrivaled collaboration with law enforcement agencies in their unyielding efforts against fraudulent activities involving virtual assets. This recognition signifies a pivotal moment in…

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Binance announces delisting of TrueUSD (TUSD) trading pairs - Binance News - News

Binance announces delisting of TrueUSD (TUSD) trading pairs

Binance Delists Multiple TrueUSD Trading Pairs: A Step Towards Enhancing Market Quality and User Protection Binance, one of the most prominent cryptocurrency exchanges globally, has recently announced its decision to delist several TrueUSD (TUSD) trading pairs. The exchange cited reasons related to market quality and user protection as the primary motivators behind this move. In…

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Nigeria and Binance are still very much in a fight over naira - Binance News - News

Nigeria and Binance are still very much in a fight over naira

The Heat is On: Unraveling the Binance-Nigeria Standoff Background: Nigeria’s Economic Crisis and Cryptocurrency’s Role Nigeria, a country grappling with its worst economic crisis in three decades, is currently facing an uphill performance. Inflation, which has reached alarming heights of 29.9%, is largely attributed to a recent currency devaluation. The Nigerian government, under the leadership…

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