Tag "Binance"

Binance and Kucoin Approved to Provide Virtual Asset Services in India by FIU

The Financial Intelligence Unit (FIU) of India has granted approval to the cryptocurrency exchanges Binance and Kucoin to operate as Virtual Asset Service Providers (VASPs) in the country, according to the Economic Times. Vivek Aggarwal, Director of FIU-IND, confirmed the

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Binance Founder Zhao Receives Four-Month Sentence, Start Date Yet to Be Set

Changpeng Zhao, the founder and former CEO of Binance, the world’s largest cryptocurrency exchange, has been sentenced to four months in prison by U.S. District Judge Richard Jones in Seattle, according to Bloomberg. The sentence comes as a conclusion to

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Prosecutors Seek 3-Year Prison Term for Binance Founder; Zhao Pens Apology Letter

U.S. prosecutors have proposed a three-year prison sentence for Changpeng Zhao, the founder and former CEO of crypto exchange Binance, following his guilty plea for violating anti-money laundering laws, according to Reuters. The recommendation, filed in a Seattle federal court,

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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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