Binance Joins Global Travel Rule Alliance for Crypto Security
Binance boosts crypto security by joining the Global Travel Rule Alliance, which promotes compliance and confidence in digital assets. Binance, a prominent crypto exchange, has declared its partnership with the Global Travel Rule Alliance as a substantial measure to strengthen the security of cryptocurrencies. Significantly, the objective of this alliance is to bolster adherence to global anti-money […]
Philippines Regulators to Ban Binance Crypto Exchange
Philippines financial regulator is set to ban Binance, the largest cryptocurrency exchange in the world, citing concerns over the company’s unlicensed operations in the country with the ban taking effect within three months. SEC documents dated March 25 indicate that the nation’s Securities and Exchange Commission (SEC) disclosed receiving support from the National Telecommunication Commission […]
Binance Executive Escapes Detention in Nigeria – Report
A detained Binance executive in the tax evasion case has reportedly escaped custody in Nigeria with a counterfeit passport and no travel documents. Nadeem Anjarwalla, an executive of Binance, and his associates were apprehended in a guesthouse in Abuja. According to reports, after Friday Ramadan prayers at a nearby mosque, the executive purportedly evaded apprehension […]
Binance Exec Held Beyond Legal Terms, Families Plead Release
Nadeem Anjarwalla and Tigran Gambaryan, both executives of Binance, continue to be held in custody in Nigeria. Extended periods of detention elicit distress from families. Nadeem Anjarwalla, a prominent figure in the cryptocurrency industry and an executive at Binance, is embroiled in a legal quagmire in Nigeria, despite the expiration of their detention order. Detention […]
Court Orders Binance to Disclose All User Data in Nigeria
Binance Admin has been ordered by a Nigerian High Court to provide the Economic and Financial Crimes Commission (EFCC) with all pertinent data and information concerning any individual from Nigeria accessing its trading platform. As per the findings of Sahara Reporters, a local news outlet, the EFCC filed an ex parte motion against the cryptocurrency […]