Binance delists Chinese Yuan (CNY) trading pairs on its platform
Binance cryptocurrency exchange is the latest to join the list of leading crypto exchanges in China that are closing their doors due to the tough regulatory crackdown in the country. Binance said earlier today, October 13, that on December 31, 2021, the crypto exchange will completely delist the CNY trading zone . Binance has released […]
Binance announces the launch of a $1B crypto fund to help build BSC adoption
Binance cryptocurrency exchange has unveiled a $1 billion accelerator fund to enhance the Binance Smart Chain ecosystem’s capabilities and accelerate mainstream adoption across the blockchain sector. The eight-figure fund was included in a four-tiered development plan at the exchange: Talent Development, Liquidity Incentive Program, Builder Program, and Investment & Incubation Program . According to the […]
Despite regulatory uncertainties, Binance grows its foothold in Ireland
Binance has established a new location in Ireland, amidst a burgeoning spot market and tightening regulatory controls. After forming Binance (Ireland) Holdings last year, the popular cryptocurrency exchange has registered three companies in the previous ten days. The exchange, on the other hand, needed a market boost because it had to shut down operations in […]
Binance-backed OpenOcean Incorporates Fantom After Avalanche and Polygon
As part of its ecosystem development, OpenOcean, a Binance-backed DeFi and CeFi aggregator, announced the integration of Fantom, an open-source smart contract platform for decentralized apps (dApps). OpenOcean will also interact with other Fantom-based decentralized exchanges, such as SushiSwap, SpiritSwap, SpookySwap, and Curve, according to the statement. The decision to add Fantom to OpenOcean’s increasing […]
Binance allows European customers to transfer their stock tokens to another company
After Binance shut down its stock token service without warning in July, customers of the cryptocurrency exchange in Europe can now transfer their tokenized stocks to another company. Customers in the European Economic Area and Switzerland can now transfer tokenized stock from Binance to CM-Equity AG, a German investment business with which Binance collaborated to […]