BNB Surges on Report of DOJ Seeking $4B Settlement With Binance
Following a Bloomberg report that the DOJ demanded $4B from Binance to conclude its investigation, BNB reached its highest price since June. Following Bloomberg’s report that the United States Department of Justice is considering a $4 billion settlement with Binance to conclude its investigation into the company, BNB increased by more than 7% the previous […]
Binance To Remove Russian Ruble (RUB) Crypto Trading Pairs
On Friday, the Binance cryptocurrency exchange announced removing specific spot trading pairs, including XRP, ETH, ADA, MATIC, SOL, and 15 other crypto in Russian Ruble (RUB) pairs. The official declaration on November 17 states that on November 20, cryptocurrency exchange Binance will remove and cease trading numerous cryptocurrencies in Russian Ruble (RUB) pairs. DOT/RUB, ADA/RUB, […]
Binance to Launch Thai Exchange With Local energy Partner
Thai residents will have the opportunity to access crypto services through Gulf Binance, a joint venture between Binance and Gulf Energy. In early 2024, Binance will launch a publicly traded cryptocurrency exchange in Thailand through a joint venture with the country’s largest energy provider, Gulf Energy Development. Gulf Energy stated in a filing with the […]
Binance to Cease RUB Deposits Amid Russian Exit Plans
In anticipation of Binance’s departure from Russia, the cryptocurrency exchange is presently focusing on discontinuing RUB deposits. Binance, the largest cryptocurrency exchange in the world, issued a statement updating its users on the Russian ruble (RUB) landscape in the wake of its impending withdrawal from the country. Following the statement, the exchange will halt all […]
Binance Plea to Dismiss Lawsuit Rejected by US SEC
The US SEC has denied Binance’s motion to dismiss the litigation, citing significant misunderstandings of securities law. In a recent filing, the Securities and Exchange Commission (SEC) reaffirmed that Binance’s dismissal petition lacks legal merit. The aforementioned submission on Wednesday was made in reply to the earlier endeavor by the cryptocurrency exchange to dismiss the […]