Binance Obtains Full Dubai VASP License, CZ Gives Up Control
Binance, the largest digital asset exchange, receives a full Dubai VASP license. Co-founder CZ’s voting control relinquishment shows the company’s regulatory compliance. Binance Holdings Ltd. has accomplished a notable milestone by obtaining a full Virtual Asset Service Provider (VASP) license in Dubai . This accomplishment exemplifies Binance’s dedication to managing the intricate regulatory environment during […]
Binance Launchpool Makes Error in FDUSD Circulating Supply
Deposits of the stablecoin FDUSD on Binance’s OMNI Launchpool have significantly surpassed its reported total circulation. In particular, the stablecoin’s market capitalization is reportedly just under $4 billion. Thus, it was intriguing when the site first displayed deposits totaling $6.37 billion in FDUSD. The FDUSD stablecoin is currently generated on the Ethereum blockchain and the […]
Binance Launches Bittensor (TAO) Token Listing
Binance’s recent announcement of listing the Bittensor (TAO) token has created interest in the cryptocurrency market, with investors looking forward to future price changes. Binance, the preeminent cryptocurrency exchange globally, has officially declared its intention to list the Bittensor (TAO) token, an unprecedented development in cryptocurrencies. The importance of this action cannot be exaggerated, considering […]
Binance Exec Pleads Not Guilty to Charges in Nigeria
Tigran Gambaryan, a senior executive of Binance, arrested in Nigeria, has reportedly entered a not-guilty plea to four money laundering allegations. According to the Peoples Gazette, a local news outlet, on April 8, Gambaryan declared his innocence in court following his detention in Nigeria around the end of February. Gambaryan emphasized during the hearing that […]
Binance Web3 Wallet Completes Integration of 35 New dApps
Binance’s Web3 Wallet expands with 35 new dApps like Aevo and Ambient Finance, introducing stricter KYC for its Link Program for enhanced security. New additions include well-known platforms like BAC Games, Ambient Finance, and Aevo. With the wallet, users may immediately access and engage with a vast array of decentralized applications (dApps) for various uses, […]