Binance - News, Articles & Research

Binance exec escapes Nigerian custody

A Binance executive detained by Nigerian authorities last month has escaped, according to local media reports. Meanwhile, the West African country has charged the cryptocurrency exchange with a host of tax evasion charges.

25 March 2024

Company announcement/crypto

Binance integrates Solana Network Integration into Web3 Wallet

Binance, the leading blockchain ecosystem behind the world’s largest crypto exchange by trading volume, is thrilled to announce the integration of the Solana network with its Binance Web3 Wallet. This much-anticipated integration marks the latest update on Binance Web3 Wallet, solidifying the company’s commitment to continually enhancing the user experience and making Web3 more accessible.

15 March 2024

Company announcement/regulation

US court approves CFTC settlement against Binance and $2.7 billion penalty

The Commodity Futures Trading Commission today announced the U.S. District Court for the Northern District of Illinois has approved the previously announced settlement and entered a consent order of permanent injunction, civil monetary penalty, and equitable relief against Changpeng Zhao and his companies Binance Holdings Limited, Binance Holdings (IE) Limited, and Binance (Services) Holdings Limited (together, Binance).

19 December 2023

News/people

Ronaldo hit with class action suit over Binance promotion

Cristiano Ronaldo has been hit with a $1 billion-plus class action lawsuit over his promotion of an NFT collection with controversial crypto exchange Binance.

29 November 2023

News/crypto

Do Kwan to be extradited from Montenegro

Terraform Lab’s former CEO Do Kwan is to be extradited to either South Korea or the USA following approval from a Court in Podgorica, Montenegro.

24 November 2023

News/crypto

Binance pays $4.3bn and CEO pleads guilty to settle US AML charges

Binance has agreed to pay $4.3 billion to settle a long-running investigation by the US Department of Justice, with the crypto exchange's founder Changpeng "CZ" Zhao also stepping down as CEO and pleading guilty to violating anti-money laundering requirements.

21 November 2023

News/crypto

Binance stops accepting new UK customers

Binance has stopped accepting new users in the UK while it works to find a partner to help it meet recently-introduced crypto asset promotion rules.

16 October 2023

Company announcement/crypto

Sticpay integrates with Binance

STICPAY, a leading global e-wallet service provider and payment gateway, has partnered with Binance Pay, a contactless, borderless and secure cryptocurrency payment technology powered by Binance, the world’s largest cryptocurrency exchange, to streamline STICPAY users’ access to dozens of leading cryptocurrencies.

11 October 2023

Company announcement/crypto

Binance fully exits Russia with sale to CommEX

Binance has entered into an agreement to sell the entirety of its Russia business to CommEX.

27 September 2023

News/regulation

SEC predicts further crypto charges as enforcement battle continues

The US Securities and Exchange Commission (SEC) has warned that more charges are coming to exchanges and DeFi.

20 September 2023

News/crypto

Mastercard to end Binance crypto-to-fiat card partnership

Mastercard and Binance are to end their partnership using four crypto card programmes in Argentina, Brazil, Colombia and Bahrain by the 22nd September this year.

25 August 2023

Company announcement/crypto

Binance Pay goes live in Brazil

Binance, the world's leading blockchain and cryptocurrency infrastructure provider, launched Binance Pay in Brazil, enabling local merchants to offer a new alternative for payment that may attract new customers, increase processing speed, and reduce costs.

22 August 2023

Company announcement/devops

Binance Labs invests in AltLayer

Binance Labs, the venture capital and incubation arm of Binance, has announced a strategic investment in AltLayer, a leading decentralized Rollups-as–a-Service (RaaS) provider for Web3 applications.

09 August 2023

Company announcement/crypto

Binance becomes first fully licensed crypto exchange in El Salvador

Binance is pleased to announce that it has become the first fully licensed crypto exchange in El Salvador after being granted both Bitcoin Services Provider license (BSP), by the Central Reserve Bank (Banco Central de Reserva), and the first non-provisional Digital Assets Services Provider license (DASP), by the National Commission of Digital Assets (Comisión Nacional de Activos Digitales).

08 August 2023

Company announcement/crypto

Binance Japan launches a dedicated platform for local residents

Binance Japan, a subsidiary of Binance, which is the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, has announced its launch of a local dedicated platform (binance.com/ja) to start onboarding new customers in Japan.

01 August 2023

Company announcement/crypto

First Digital Group to debut USD-pegged stablecoin on Binance

First Digital Group, which includes First Digital Trust, one of Asia’s leading qualified custodians and a registered trust company headquartered in Hong Kong, announces that its stablecoin, First Digital USD (FDUSD), issued under the entity FD121, will debut and list on Binance, the world’s largest cryptocurrency exchange by volume.

26 July 2023

News/regulation

Binance quits Netherlands after failing to get licence; faces French investigation

Binance's regulatory woes continue, with the crypto exchange forced to exit the Netherlands and facing up to a French investigation in "aggravated" money laundering.

16 June 2023

News/crypto

Binance.US suspends dollar deposits

Days after the SEC sued it, the US arm of Binance says it is suspending dollar deposits and that its banking partners are preparing to pause dollar withdrawal channels.

09 June 2023

News/crypto

Money20/20: MiCA, the regulation to rule them all

Hot on the heels of the Securities and Exchange Commission (SEC) suing Binance and its founder Changpeng Zhao for failing to protect US investors, Vishal Sacheendran, director, MENA & Europe, Binance, took to the stage at Money20/20 in Amsterdam to provide a TL; DR version of incoming crypto asset Markets in Cryptoassets (MiCA) regulation.

07 June 2023

News/regulation

SEC sues Binance and CEO Changpeng Zhao

The Securities and Exchange Commission has sued Binance and its CEO Changpeng Zhao, alleging a host of securities law violations and accusing the world's largest crypto exchange of engaging in an "extensive web of deception".

05 June 2023