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Binance

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Binance becomes first crypto exchange with broker-dealer license in Brazil thumbnail

Binance becomes first crypto exchange with broker-dealer license in Brazil

Binance becomes first crypto exchange with broker-dealer license in Brazil Oluwapelumi Adejumo · 3 weeks ago · 2 min read Binance's landmark broker-dealer license in Brazil marks significant progress in aligning with local crypto regulations. 2 min readUpdated: Jan. 2, 2025 at 1:57 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may
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Binance Unveils BFUSD: A High-Yield Asset For Futures Traders thumbnail

Binance Unveils BFUSD: A High-Yield Asset For Futures Traders

Binance has announced the upcoming launch of BFUSD, a new reward-bearing margin asset designed specifically for Binance Futures users. Offering an impressive annual percentage yield (APY) of 19.55%, BFUSD allows users to earn daily rewards without the need for staking. Simply holding BFUSD in a UM Wallet will unlock these benefits, making it a game-changer
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Binance Returns to Indian Market After Paying $2.25M Regulatory Fine thumbnail

Binance Returns to Indian Market After Paying $2.25M Regulatory Fine

You are here: Home / News / Binance Returns to Indian Market After Paying $2.25M Regulatory Fine Binаncе, а globаl lеаdеr in cryptocurrеncy, hаs mаdе а significаnt comеbаck in thе Indiаn mаrkеt аftеr а six-month hiаtus. This mаrks thе 19th timе Binаncе hаs succеssfully mеt rеgulаtory stаndаrds worldwidе. Thе compаny is now officiаlly rеgistеrеd аs
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Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition thumbnail

Fleeing Binance Executive Traced to Kenya, Nigeria Pursues Extradition

Last updated: April 15, 2024 03:12 EDT | 2 min read The Nigerian government has traced the whereabouts of Nadeem Anjarwalla, a high-ranking executive of Binance, to Kenya. Anjarwalla had managed to escape custody in Nigeria, but his cover was blown upon his arrival in Kenya, according to a report from Nigerian media outlet The Punch. The report
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Binance Executive Escapes Detention in Nigeria, Flies Out of Country thumbnail

Binance Executive Escapes Detention in Nigeria, Flies Out of Country

ABUJA, Nigeria – In a dramatic twist to the cryptocurrency regulation saga in Nigeria, Nadeem Anjarwalla, a senior executive of the global cryptocurrency exchange platform Binance, has reportedly fled the country. Anjarwalla, the regional manager for Africa at Binance, was detained in Abuja, the nation’s capital, in connection with efforts by the Nigerian government to
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Binance Must Pay $4.3 Billion In Federal Case as CZ Awaits Sentencing thumbnail

Binance Must Pay $4.3 Billion In Federal Case as CZ Awaits Sentencing

A federal judge accepted a guilty plea from cryptocurrency exchange Binance along with $4.3 billion in fines and penalties to settle its case—the largest such assessment in the history of federal financial prosecutions. Federal Judge Richard Jones approved the deal—which includes a criminal fine of $1.8 million and a forfeiture of $2.5 million for a
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