Binance Announces Removal of Major Liquidity Pools
Crypto exchange Binance removing key liquidity pools including Polygon (MATIC), Solana (SOL), Tron (TRX), and Shiba Inu (SHIB). The exchange announced via a blog post that it would be eliminating several liquidity pools from Binance Liquid Swap, its swap service. Binance describes the measure as part of a regular review process aimed at “concentrating liquidity, […]
SEC Gives Binance 3-Month Deadline to Exit Philippines
The Philippine SEC has set a three-month timeline for Binance and other unregistered crypto exchanges to cease operations in the country, citing consumer protection and accountability concerns. The Philippine Securities and Exchange Commission (SEC) has announced that Binance and other unregulated crypto exchanges have three months to stop offering their services in the country or […]
Binance Quickens Delistings as Regulatory Pressure Intensifies
According to Kaiko, cryptocurrency exchange Binance increased its listing requirements after a 21% drop in the number of listed trade instruments in 2023. A recent report by Diving Into DEXs claims that Binance is now delisting companies more quickly after Changpeng Zhao, the company’s founder and former CEO, settled a $4.3 billion lawsuit with US […]
Binance Withdraws Abu Dhabi License Application
Binance has withdrawn its bid for an investment management license in Abu Dhabi, having deemed it unnecessary to the company’s “global needs.” On December 7, 2023, Reuters reported that cryptocurrency exchange Binance had chosen not to move forward with its application for a license in Abu Dhabi. Less than a year ago, the exchange submitted […]
Binance Adds GFT, COS, SYS to Margin Trading Platform
Three more altcoins have recently been added to Binance’s margin trading offering, expanding its trading possibilities. Syscoin (SYS), Contentos (COS), and Game Fantasy Token (GFT) are the newest additions to this dynamic platform. With the addition of these altcoins to the margin trading pool, Binance’s wide range of digital assets has significantly expanded. In addition […]