CBN Official Confirms That Binance Operated Illegally In Nigeria
Nigerian court testifies Binance‘s illegal operations, with the CBN official highlighting the lack of necessary licenses and regulatory approval. Nigerian authorities stepped up their legal defense against cryptocurrency exchange Binance in an Abuja courtroom. Central Bank representatives testified that Binance did not have a license, consistent with claims that the company enabled illicit activities on […]
Binance Labs Leads Major Funding Round for UniSat Bitcoin Wallet
In a significant step, Binance Labs led the Pre-A funding round for Bitcoin wallet UniSat, which also offers Bitcoin Ordinals and BRC-20 solutions. UniSat Wallet, a browser extension wallet, has effectively concluded a Pre-A round of financing. This strategic round was led by Binance Labs, the major cryptocurrency exchange’s innovation arm. UniSat announced on X […]
Ripple Leverages Binance Ruling in Its Case
Ripple cites a recent U.S. District Court ruling in the Binance case to support its legal arguments. Ripple, an enterprise blockchain corporation headquartered in San Francisco, has submitted a notice of supplementary authority in response to a recent ruling in the Binance case. The U.S. District Court for the District of Columbia partially granted Binance’s […]
Binance Exchange Unveils Changes In Turkey Per Regulation
Binance Exchange has announced modifications to its operations in the Turkish region in compliance with local regulations. Binance, a prominent cryptocurrency exchange, has disclosed modifications to its services in Turkey. Turkish language option has been removed for Binance users In a letter to its users, the exchange emphasized the few modifications recently implemented in Turkey. […]
Support for USDC in the EU is Confirmed by Binance CEO
Richard Teng Binance CEO has confirmed the continued backing for USDC in the European Union after the MiCA license. In the European Economic Area (EEA), Binance has confirmed its ongoing support for the USD Coin (USDC), a stablecoin anchored to the United States Dollar. USDC Post EMI License Supported by Binance In an earlier X […]