Binance
Recent News About Binance
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Binance announces cryptocurrency investigation training in Sri Lanka
Binance announced that its Financial Crime Compliance team conducted a comprehensive cryptocurrency investigation training for Sri Lanka’s Financial Intelligence Unit and other key law enforcement agencies. The training session was held at the Central Bank of Sri Lanka's Training Center, and participants included officials from the Financial Intelligence Unit of Sri Lanka (FIU) and Sri Lanka Police departments.
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McCaul on Binance exec's release: 'There's no time to waste'
As a new resolution calls for the humanitarian release of an American held in Nigeria, a major obstacle remains the need for medical records to substantiate the deteriorating health of this recently wheelchair-bound Binance exec.
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Binance CEO on 200 million user milestone: 'Crypto has become too big to ignore and is not going away'
While remaining steadfast in its race to reach 1 billion registered users, global cryptocurrency giant Binance took the time to celebrate a recent 200 million-user milestone and predicted a faster pace for future growth.
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Columbia professor: ‘Binance's net contribution to a more inclusive financial system is something to be commended’
Omid Malekan, an author and adjunct cryptocurrency professor at Columbia Business School, said in a Nov. 22 post on X that Binance, the largest crypto exchange in the world, has been more successful than many traditional financial institutions in expanding financial inclusion to underserved populations. The platform's wide reach and user-friendly tools are key components of this success.
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Thai law enforcement official: 'Binance remains an essential ally in our combat against scams and cybercrimes'
Police Lieutenant Colonel Thanatus Kangruambutr, Inspector of the Cyber Support Unit in the High-Tech Crime Division at Thailand's Cyber Crime Investigation Bureau, recently thanked Binance for its assistance in dismantling a group of criminal scammers who preyed on thousands of victims. This operation was the second recent instance in which Binance, the largest cryptocurrency exchange in the world, assisted Thai law enforcement in disrupting organized criminal networks.
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Nonprofit law firm asks Court to dismiss SEC lawsuit against Binance
Investor Choice Advocates Network (ICAN), a nonprofit public interest litigation organization, filed an amicus brief with the U.S. District Court of Washington, D.C., asking the Court to dismiss the U.S. Securities and Exchange Commission's (SEC) lawsuit against Binance, the largest crypto exchange in the world. ICAN cited the SEC's attempt to extend its jurisdiction outside of the U.S. and its "ambiguous" application of securities laws as reasons the lawsuit against the crypto giant should be dismissed.
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France welcomes U.S. crypto companies looking for legal certainty
As Europe implements a regulatory framework for digital assets, a French regulator has invited American crypto industry participants to come to France if they want legal certainty, CoinDesk reported.
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Binance's Compliance with MiCA Law May Reshape Stablecoin Market in Europe
Binance France will delist stablecoins for the European market by next June if necessary to comply with standards laid out by the Markets in Crypto-Assets (MiCA) law.
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Crypto giant Binance sells Russian business to CommEX
Binance, the largest cryptocurrency exchange in the world, announced that it is exiting Russia, selling that portion of its business to CommEX. The decision to sell the entirety of the exchange's Russian business was due to the fact that "operating in Russia is not compatible with Binance's compliance strategy," according to Binance Chief Compliance Officer Noah Perlman. Binance will continue to focus on the more than 100 other countries in which it operates.
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Binance, TRM Labs assist in arrest of Islamic State-affiliated individuals
A collaborative effort between Binance, the largest crypto exchange in the world, TRM Labs, a blockchain intelligence firm, the Financial Monitoring Department of the National Bank of Tajikistan and law enforcement agencies in Tajikistan has led to the arrest of multiple individuals associated with Islamic State – Khorasan Province (ISKP), an affiliate of the militant Islamic State group, Binance announced in an Aug. 25 blog post.
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Leading cryptocurrency exchange Binance considers cutting ties with Russia
Binance, the largest cryptocurrency exchange in the world, announced that it may fully withdraw its business from Russia days after it announced the removal of sanctioned Russian banks from its platform. Several other crypto exchanges remain active in the country.
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As Taiwan opens its doors to crypto, users embrace industry leaders’ focus on ‘community,’ ‘education,’ and ‘forward thinking’
Chou, a Binance user from Taiwan, said he first became interested in cryptocurrency several years ago after realizing how difficult it would be to accumulate wealth from his job alone.
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Binance is first fully licensed cryptocurrency exchange in El Salvador
Binance, the largest cryptocurrency exchange in the world, was recently granted a Bitcoin Services Provider license (BSP) as well as the first-ever non-provisional Digital Assets Services Provider license (DASP) by El Salvador's central bank and National Commission of Digital Assets, making Binance the first fully licensed crypto exchange in El Salvador, according to a press release. Binance is now registered and approved in 18 markets around the world – more than any other exchange – but it still faces regulatory scrutiny in the U.S.
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Binance announces new deputy chief compliance officer
Binance, the largest cryptocurrency exchange in the world, has announced that Kristen Hecht, who was formerly the company's Global Head of Corporate Compliance, is now Binance's new Deputy Chief Compliance Officer (CCO) and Global Money Laundering Reporting Officer (GMLRO). Hecht has 17 years of experience, including almost 10 years with the U.S. Treasury Department's Office of Terrorist Financing and Financial Crimes.
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Binance Charity provides update on Women in Tech initiative
Binance Charity, the philanthropic arm of the largest cryptocurrency exchange in the world, recently provided an update on its educational initiative with Women in Tech. Binance Charity said the goal of the partnership is to educate women and girls about blockchain technology, providing them with more professional opportunities.
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Binance's head of Law Enforcement Training: 'Our mission is to maintain the highest level of security for our users and the broader cryptocurrency community'
Jarek Jakubcek, the head of Law Enforcement Training at Binance, the largest cryptocurrency exchange in the world by volume, said in a July blog post that his team is dedicated to protecting Binance users as well as all consumers in the crypto industry. The crypto exchange's Investigations team works to proactively protect users from crimes like phishing scams and investment fraud.
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Binance leads the crypto industry with women 'front and center'
An employee at Binance, the largest cryptocurrency exchange in the world, told Globe Banner on July 13 that she feels fortunate to have female leaders, including Yi He, to look up to.
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Binance ‘formally recognized by Israel's National Bureau for Counter Terror Finance’ for assisting in seizing Hezbollah funds
Binance, the largest cryptocurrency exchange in the world, is being recognized by the Israeli government for its role in assisting in the seizure of funds tied to the terrorist organization Hezbollah. Binance said its Sanctions Investigation Team and members of its other compliance teams helped Israel’s National Bureau for Counter Terror Financing (NBCTF) and the Israeli National Cybercrime Unit identify and freeze the funds.
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Industry insider on SEC v Binance: 'Rarely are government agencies denied a TRO by the courts'
U.S. District Court Judge Amy Berman Jackson denied the U.S. Securities and Exchange Commission's (SEC) request for an emergency temporary restraining order (TRO) against Binance, the world's largest crypto exchange, which would've allowed the SEC to freeze the company's U.S. assets, according to CoinTelegraph.
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Former CFTC commissioner: SEC lawsuits ‘continue the pattern of an irresponsible regulation-by-enforcement approach that hurts entrepreneurs, investors and consumers’
Former CFTC Commissioner Brian Quintenz, now the head of policy at venture capital firm Andreessen Horowitz, is criticizing the U.S. Securities and Exchange Commission (SEC) for suing cryptocurrency companies for allegedly violating securities laws, saying the SEC’s litigation is not helping to protect consumers or provide clarity to the crypto industry. He warned that if the SEC continues on its current path, innovators will move out of the country into jurisdictions that have clearer crypto regulations.