Binance Places Price Cap on USDT for Nigerian Traders
To ensure conformance with local authorities in Nigeria, Binance has imposed a price cap on the sale of Tether tokens on its peer-to-peer (P2P) platform. A USDT price of 1,802 Naira prevents Binance traders from selling USDT now. Announcing to its Nigerian clientele, the cryptocurrency exchange emphasized its dedication to collaborating closely with local authorities, […]
Binance Aims for Regulatory Compliance in Nigeria
Amid concerns about currency manipulation, Binance takes proactive measures to ensure regulatory compliance in Nigeria. In response to the increasing scrutiny of cryptocurrency activities in Nigeria, Binance, a prominent digital asset platform, has taken steps to ensure regulatory compliance. However, in the context of the Nigerian government’s deliberations on potential strategies to combat currency manipulation and […]
Japan FSA Clarifies Stance on P2P Crypto Transfers
Japan’s primary financial regulator, the Financial Services Agency (FSA), has clarified its stance on peer-to-peer (P2P) cryptocurrency transactions in light of its most recent recommendations to domestic institutions. In a letter dated February 14, the FSA advised banks to “enhance the protection of their customers” by “preventing transfers to crypto-asset exchange service providers in which […]
Crypto Super PAC Raises $85M to Support Allies for 2024 Elections
Fairshake, the crypto super political action committee (PAC), has raised $85 million in cash reserves to support political candidates who are favorable to cryptocurrency. The group has received donations from prominent figures and firms in the crypto industry, such as the Winklevoss twins, Coinbase, and Ripple. Fairshake, the crypto super PAC, has been on a […]
Coinbase Bags $500K Liquid Death Ad in USDC
Coinbase has made a bold move in the advertising space, winning the bid for the “Biggest Ad Ever” on Liquid Death cases. The crypto exchange paid $500,000 in USDC, saving $12,000 in fees and demonstrating the efficiency of cryptocurrency transactions. Coinbase has clinched a major advertising deal, emerging as the winning bidder for what is […]