Binance faces money laundering accusation in connection with Bitzlato
In recent news, Binance cryptocurrency exchange has allegedly been affiliated with money laundering through transactions with crypto exchange Bitzlato. The creator of Bitzlato, a Russian named Anatoly Legkodymov, has been charged with using the website to launder 700 million dollars. According to the U.S. Justice Department, these monies have been used to carry out criminal […]
Binance Secures Regulatory Approval In Sweden
The Swedish Financial Supervisory Authority, has granted the crypto exchange Binance approval to manage and trade digital currencies. The local branch of cryptocurrency exchange Binance has received authorization from the Swedish Financial Supervisory Authority, one of the nation’s financial regulatory bodies, to maintain and trade digital currencies. In a Jan. 11 press release, Binance stated […]
Binance joins partnership to address global sanctions compliance
Binance has joined the Association of Certified Sanctions Specialists (ACSS) in an effort to stay in compliance with global sanctions. In a statement on Jan. 6, Binance stated that its staff members responsible for sanctions compliance would attend training as part of the ACSS certification procedure. The organization issued a test covering “information and abilities […]
Binance Pay enables bitcoin payments at Ukrainian pharmacies
Ukraine continues adopting cryptocurrency payments with Binance Pay amid the ongoing war with Russia. One of the largest drugstore chains in the nation, ANC Pharmacy, has teamed up with Binance Ukraine to introduce cryptocurrency payments through the contactless cryptocurrency payment tool Binance Pay. The company formally stated on January 3 that ANC Pharmaceutical is now […]
Binance-Peg BUSD Is Now Available On TRON Network
The Binance-Peg BUSD stablecoin now supports the TRON network in addition to the BUSD issued by Paxos on the Ethereum. Top crypto exchange Binance has recently declared that the integration of Binance-Peg BUSD on the TRON network had been carried out successfully. The Binance-Peg BUSD trading pair is currently accepting deposits and withdrawals via the […]