Binance shuts C2C trading for users in Mainland China
Binance exchange has announced that it will stop C2C trading for its users in mainland China, although the exchange has proposed it be replaced by a partner firm Pexpay for C2C transactions. Binance, the world’s largest cryptocurrency exchange, has announced that C2C trading will be suspended for mainland Chinese consumers . However, according to 8BTCnews, […]
Binance receives regulatory license of operation in Canada
The year-end seems to be a good one for Binance as it has received a crypto financing license from the Canadian government. The crypto exchange also recently received in-principle approval from the Central Bank of Bahrain. Binance has been granted a crypto financing license by the Canadian government, which allows it to set up a […]
The Central Bank of Bahrain grants Binance an in-principle approval
Binance is getting closer to becoming a fully-regulated crypto exchange after the Central Bank of Bahrain gave it “in-principle” permission . If Binance is allowed to run its business in the Kingdom of Bahrain, the company could soon be fully regulated. As of Monday, Binance said CBB is “the first regulator in the Middle East […]
Cross-chain protocol Multichain raises $60M in a seed funding round led by Binance Labs
Multichain, a cross-chain protocol has raised $60 million in a seed funding round led by Binance Labs, the venture capital arm of the Binance cryptocurrency exchange. The round saw some other investors in the crypto space in attendance. Multichain, which changed its name from Anyswap last week, has raised $60 million in a seed round […]
Binance is reportedly making plans to set up a crypto exchange in Indonesia
The world’s largest crypto exchange by trading volume Binance according to reports is planning to launch a crypto venture in Indonesia as part of its global expansion process after the whole regulatory issues it has faced. According to Bloomberg, the world’s largest exchange has revealed that it is in talks to establish up a crypto […]