Tag "Binance"

Binance Sets up First-Ever Board in Wake of Legal Settlements

Binance Holdings, operator of a crypto exchange of the same name, has established its first board of directors. The announcement comes as the company seeks to navigate through the aftermath of legal challenges in the United States, including a guilty

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Sumsub and Binance to Streamline Travel Rule Compliance in Crypto Transactions

Sumsub, a global verification and compliance provider, announced its partnership with crypto exchange Binance to integrate its Travel Rule solution through the Global Travel Rule (GTR) Alliance. This collaboration aims to facilitate secure cryptocurrency transactions by connecting Binance’s extensive user

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Binance Discreetly Spins off Venture Arm Months After Richard Teng Steps up as CEO

Global crypto exchange Binance has officially spun off its venture capital and incubation arm – Binance Labs, as reported by The Block. Binance Labs, now standing independently, has adjusted its operational dynamics, ensuring that its staff contracts and organisational structure

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Binance Debuts New Perfume in Bizarre Move to Attract Women to Crypto

Global crypto exchange Binance has decided that the secret to getting more women into cryptocurrency isn’t just financial literacy—it’s perfume. Binance has unveiled the “CRYPTO” luxury perfume ahead of International Women’s Day in an eyebrow-raising move orchestrated by the company’s

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Binance and Billionaire Ratanavadi Join Forces for Thailand Beta Launch

Global cryptocurrency exchange Binance is set to launch its operations in Thailand through a partnership with Gulf Energy Development. This joint venture, named Gulf Binance, has been approved by Thailand’s Securities and Exchange Commission (SEC). The agreement for this joint

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Major Crypto Exchanges Vanish from Google Play Store in India

Following the footsteps of Apple Inc. earlier last week, Google has removed several prominent crypto exchanges from its Play Store in India, according to a TechCrunch report. Among the affected crypto firms are Binance, OKX, Kraken, Huobi, Gate.io, Bittrex, and

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Apple Removes Several Offshore Crypto Exchanges From India App Store

Apple Inc. has removed several major offshore crypto exchanges namely Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex from its App Store in India. According to CoinDesk, this action follows closely on the heels of compliance notices

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Judge Accepts Guilty Plea from Binance’s Former CEO Changpeng Zhao

Seattle’s U.S. District Court Judge Richard Jones has accepted a guilty plea for money laundering from crypto exchange Binance’s former CEO Changpeng Zhao (CZ). The sentencing for CZ is scheduled for 23 February 2024 where he could face up to

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Binance CEO Teng to Ensure Top Exec Team Remains Intact Amidst Regulatory Scrutiny

Richard Teng, the newly appointed CEO of crypto exchange Binance, emphasised the importance of maintaining the existing core team at the cryptocurrency exchange, in a recent interview with Bloomberg TV. Teng reiterated Binance’s aim to invest heavily in its compliance

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CZ Steps Down as Chairman of Binance.US

Crypto exchange Binance’s founder and former CEO Changpeng Zhao (CZ) is stepping down from his role as Chairman of the Board of Directors at Binance.US. Zhao will retain an economic interest in the company but will no longer participate in

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