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Binance News

Founded in 2017 by Changpeng Zhao (commonly known as CZ), Binance has become one of the largest crypto-asset exchanges in the market, providing a wide variety of software products and services for buying and selling cryptocurrencies.

Binance offers a range of products including crypto futures trading, margin trading and lending, powered by centralized and decentralized exchange platforms.

In April 2019, the company launched its own blockchain, Binance Chain, which is secured by a delegated proof-of-stake consensus. Binance Coin (BNB) is the protocol currency for the blockchain as well as the utility token for Binance’s exchange services. Binance Launchpad is a token sale platform that assists in launching blockchain ventures.

In the three years since its launch, Binance has become home to a variety of projects and initiatives ranging from exchange services, blockchain protocols and charity work, to venture accelerators — maintaining momentum through a constant dance of regulatory arbitrage as the exchange extends and launches services in jurisdictions across the world.

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A Binance spokesperson reiterated to Cointelegraph that the Financial Conduct Authority’s recent edict only applied to Binance Markets Limited, which is a separ...

Binance disappointed by Barclays’ ‘unilateral action’ to block customer payments

2021-07-05T20:20:00+01:00

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The British multinational bank has informed customers it is no longer facilitating payments made to the crypto exchange, confirming reports from users over the ...

Barclays tells cardholders it’s stopping payments to Binance

2021-07-05T19:00:48+01:00

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Thai SEC and the Cayman Islands Monetary Authority are the latest regulators to join the global scrutiny against Binance.

Thai SEC and Cayman Islands regulator take action on Binance

2021-07-02T09:29:35+01:00

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Binance has uploaded a notice to its U.K. website stating that Binance Markets Limited is not licensed to undertake regulated activities in the United Kingdom.

Binance resumes fiat withdrawals via Faster Payments in UK

2021-07-01T08:33:36+01:00

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Following bans in Japan, the U.K. and Ontario, Binance is ramping up its compliance efforts with a specialized tool developed by crypto intelligence firm Cipher...

Binance tackles Travel Rule compliance after multiple bans

2021-06-30T17:00:00+01:00

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CoinMarketCap has launched a token swap feature via integration with Uniswap, and has hinted at supporting additional DEXs and networks in the future.

CoinMarketCap launches Ethereum token swaps powered by Uniswap

2021-06-30T06:49:27+01:00

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Regulators in Japan, the United Kingdom and the Canadian province of Ontario have all tightened their grip on cryptocurrency exchanges. Binance has been caught ...

Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges

2021-06-29T21:49:34+01:00

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Faster Payments is no longer an option for Binance customers in Britain amid increasing regulatory pressure.

Binance suspends popular fiat ramp for U.K. customers amid regulatory crackdown

2021-06-29T04:22:23+01:00

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