Tag "Binance"
Binance and Telkom Indonesia’s MDI to Develop a Local Digital Asset Exchange
Crypto exchange platform Binance has established a joint venture with a consortium led by MDI Ventures to develop a new Indonesian-based digital asset exchange. MDI is a US$830+ million multi-stage venture capital arm of Indonesia’s largest telecoms company, Telkom Indonesia.
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Binance Singapore Drops License Plans, Suspends Key Services Immediately
Binance Asia Services (BAS), the operator of its Singapore entity, announced that it intends to withdraw its licensing efforts in Singapore. The firm said in a statement that the “decision has not been made lightly”. BAS will be winding down
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Binance Asia Services Snaps up 18% Stake in Hg Exchange
Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance.sg, announced that it has snapped up an 18% stake in Hg Exchange (HGX). HGX is a member-driven private securities exchange, founded by financial institutions such as PhillipCapital, PrimePartners, and
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Binance Ceases Singapore Offerings Following MAS’ Investor Alert
Singaporean crypto exchange platform Binance announced in a blog post that it will cease to offer certain product and service offerings several days after the Monetary Authority of Singapore added the company to its investor alert list. The company said
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MAS Joins Regulators Worldwide to Pin Binance Onto Its Investor Alert List
The Monetary Authority of Singapore (MAS) has joined a number of regulators worldwide to add Singaporean crypto exchange platform Binance to its investor alert list. The beleaguered crypto exchange had previously applied for a license to offer digital payment token
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Binance Appoints New Australian CEO, Reiterates Regulatory Focus Moving Forward
Crypto exchange platform Binance Australia has announced the appointment of Leigh Travers as its Australian Chief Executive Officer. Travers was formerly the CEO and Director of DigitalX, a digital asset funds management firm listed on the Australian Securities Exchange, where
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Binance Appoints ADGM’s Senior Exec as CEO To Get Ahead of Regulatory Concerns
Singaporean crypto exchange platform Binance appointed Richard Teng, the former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM) as its Chief Executive Officer. Teng played a pivotal role in enabling ADGM to gain international recognition by
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Binance Announces “Project Venus” A Competitor to Facebook’s Libra
Binance today announced its plans to initiate an open blockchain project, Venus, an initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe. Binance is looking to create new alliances and partnerships with governments, corporations,
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Binance Launches Fiat-to-Crypto Gateway for Singapore Users
Binance – the global cryptocurrency exchange that in the last 24 hours has facilitated more than $2 billion in trading volume, has just announced that is has launched a Fiat-to-Crypto gateway for citizens based in Singapore. The platform, which it
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A Blockchain-Based Alternative to Grab is Now Listed on Binance
Binance just announced a partnership with a Singapore-based blockchain company with a simple goal: keeping relevant information about a vehicle transparent and available on an immutable network. MVL is a blockchain protocol mainly known for running Tada, a blockchain-based alternative
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