Binance
Recent News About Binance
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Crypto analyst calls SEC lawsuit 'kind of endorsement of Binance'
A leading industry analyst says the U.S. Securities and Exchange Commission's lawsuit against cryptocurrency giant Binance is "kind of an endorsement" of the firm.
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Paxful CEO on suspension of operations: 'Regulatory challenges for the industry continue to grow'
Ray Youssef, the CEO and founder of Paxful, a peer-to-peer cryptocurrency exchange, has announced that due to the regulatory climate in the U.S., as well as several staff departures, Paxful is suspending its operations and is not sure if they will resume.
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Binance investigator warns public of 'pig-butchering' investment fraud
As the head of intelligence and investigations at the largest crypto exchange, Erin Fracolli’s number one goal is to keep users safe, but there’s a growing scam taking place online in which victims are being romanced into investing in fake cryptocurrency.
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DigiCash founder optimistic about the future of cryptocurrencies: 'they are far and away the best way to move value around'
DigiCash founder David Chaum is known as the “Godfather of Crypto,” and he thinks he has an idea that people can’t refute.
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Binance launches updated Proof of Reserves system: Advanced technology “enhances privacy, security, & reliability”
Binance, the world's largest crypto exchange, has implemented zk-SNARKs, zero knowledge proof protocols, to launch a new Proof of Reserve (PoR) that enables users to verify that all of their holdings are backed 1:1, and that Binance has additional reserves to cover user assets, a company spokesperson said.
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Senate Committee announces hearing on 'Why Financial System Safeguards are Needed for Digital Assets'
The Senate Committee on Banking, Housing and Urban Affairs has announced that it will hold a full committee hearing titled "Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets" on Feb. 14. U.S. Senator Tim Scott, a ranking member on the committee, said that working to develop a framework for the regulation of digital assets is one of his top priorities for this Congressional session.
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HM Treasury: 'The government’s firm ambition is for the UK to be home to the most open, well-regulated and technologically advanced capital markets in the world'
The United Kingdom's (UK) economics and finance ministry, HM Treasury, has released a consultation paper that outlines proposals for a new regulatory regime, informed by recent market developments including the bankruptcy of crypto exchange FTX, as part of an ongoing effort to position the UK at the forefront of the crypto sector.
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Georgian Agency for Innovation and Technology: 'Binance will ensure the implementation of its own educational and charity programs in Georgia'
Avtandil Kasradze, Chairman of the Georgian Agency for Innovation and Technology (GITA), said Binance, the world's largest crypto exchange, and GITA have signed a memorandum of understanding (MoU) and will launch educational and community initiatives in Georgia.
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Binance Charity Tech Scholar: 'I’m so excited that I got the scholarship!'
Binance, the world's largest crypto exchange, has partnered with Utiva to provide full scholarships through Binance Charity to African young adults to teach them about blockchain and Web3 skills in an effort to bolster Africa's tech community and reduce unemployment across the continent. Binance's goal is to provide educational programs to 50,000 young adults, and they recently announced that they have awarded 1,000 full scholarships. Miracle C. Amakom, a Binance Charity Tech Scholar from Cameroon, said the educational program will help her work towards her professional goals.
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Galaxy CEO: 'We need to cheer for Binance'
Michael Novogratz, CEO of crypto investment firm Galaxy, said in a YouTube video that retail organizations getting involved in the crypto space is a critical step towards helping institutions become more involved in crypto.
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Binance head of Europe: 'Sweden is now amongst the growing list of global jurisdictions that have granted regulatory approval to Binance'
Richard Teng, Binance's head of Europe and MENA (Middle East and North Africa), announced that after working closely with Swedish regulatory authorities for months, Binance has been granted regulatory approval in Sweden. Sweden is the latest state to give Binance authorization, following France, Italy, Lithuania, Spain, Cyprus and Poland.
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Head of Binance Charity: 'We’ve never been more excited to build a more inclusive Web3 world'
The Binance Scholar Program that was launched last year has drawn a huge amount of interest, and Helen Hai said she is excited about Binance’s upcoming educational initiatives.
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Binance head of Eastern Europe: 'Working together with regulators globally, we can ensure that consumers are protected'
Kyrylo Khomiakov, Binance's Head of Ukraine and Eastern Europe, said the crypto exchange is expanding its presence in Poland and working to comply with local regulations, which will require that Poland-based Binance users sign a new Terms and Conditions with Binance's Polish entity, Binance Poland sp. z o.o.. Binance announced that it will also be increasing its talent acquisition efforts and educational initiatives in the region.
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Binance CEO: Canada "changed my life forever and opened up endless possibilities for me."
Binance CEO Changpeng Zhao credited his Canadian roots for his success in building the largest cryptocurrency exchange in the world, praising his parents' decision to move to the country when he was 12.