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SEC and Binance Agreed to Suspend Legal Proceedings For 60 Days

Binance and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to suspend legal proceedings for 60 days.According to representatives of Binance and the SEC, the new working group on cryptocurrencies may affect the outcome of…

byCoinpaper News

February 11, 2025

cp6225 a legal scale in a french courtroom b5721e6b 593e 4814 b43f cb54c748e539 fd3d72b13e 1 - Binance Hit with Money Laundering and Tax Fraud Investigation

Binance Hit with Money Laundering and Tax Fraud Investigation

Binance is under renewed scrutiny as French authorities launch an investigation into alleged money laundering and tax fraud.While the European Union pushes for a digital euro to counter the dominance of US dollar-backed stablecoins, the Trump administration is doubling…

byCoinpaper News

January 29, 2025

Binance Helped Its Users Save $1.75 Billion in Remittance Costs

Binance users saved $1.75 billion in remittance fees through $26 billion in fee-free crypto transfers from 2022 to 2024.Binance Slashes Remittance Costs Binance CEO Richard Teng announced during a panel at Davos that the platform’s users saved an estimated…

byCoinpaper News

January 22, 2025

Binance Will Tighten Cryptocurrency Deposit and Withdrawal Procedures for Poland

The Bitcoin exchange Binance has warned users in Poland about changes to the processes for depositing and withdrawing cryptocurrency.The Bitcoin exchange Binance has warned users in Poland about changes to the processes for depositing and withdrawing cryptocurrency. According to…

byCoinpaper News

January 18, 2025

cp6225 scattered bitcoin tokens ea429660 d201 464c 90e7 9671c6a702e0 6c1e2fd8e7 1 - Market Momentum Builds as Bitcoin Reserves Decline on Binance

Market Momentum Builds as Bitcoin Reserves Decline on Binance

Bitcoin reserves on Binance have hit their lowest levels since January 2024, drawing comparisons to a previous rally that saw Bitcoin’s price surge 90% by March.Analysts now predict that Bitcoin could climb to $187,500 in the coming months. On…

byCoinpaper News

December 26, 2024

cp6225 trophy surrounded by cryptocurrency tokens 1a05f6d1 93f0 40c9 8487 11315d3bd943 ff2632d5ef 1 - Binance Tops Crypto Exchange Rankings with $24B in 2024 Deposits

Binance Tops Crypto Exchange Rankings with $24B in 2024 Deposits

Binance reported record-breaking $24 billion in user deposit inflows for 2024, which allowed it to surpass the combined inflows of ten other major exchanges.Binance’s lifetime trading volume also surpassed $100 trillion. Despite the dominance of centralized exchanges like Binance,…

byCoinpaper News

December 13, 2024

cp6225 a UK flag in a yellow courtroom 800540a3 d709 436c 8633 963eb6fd1296 81b86cce9b 1 - Binance Faces UK Lawsuit Over Bribery Allegations and Employee Dismissal

Binance Faces UK Lawsuit Over Bribery Allegations and Employee Dismissal

A former Binance employee has filed a lawsuit in the UK, alleging unfair dismissal and bribery within the company, marking another legal challenge for the crypto giant.The cryptocurrency sector has recently been rocked by controversies involving prominent players, raising…

byCoinpaper News

November 29, 2024

cp6225 stacks of blank yellow coins 5e388860 69e3 4cc8 b43d 266947a7cf6b 9d575b474d 1 - Binance Addresses Misconceptions About High-Yield BFUSD Token

Binance Addresses Misconceptions About High-Yield BFUSD Token

Binance clarified that its BFUSD token is not a stablecoin but a reward-bearing margin trading product for futures trading.Some people in the crypto community became concerned when some analysts compared BFUSD to Terra’s failed USTC. Meanwhile, Tether-backed Quantoz launched…

byCoinpaper News

November 19, 2024

Binance Demands Gambaryan’s Release Before Seeking Nigerian License

Binance has refused to register with Nigerian authorities until the African country releases one of its employees, who is a former U.S. IRS agent.The protracted conflict between Nigeria and Binance, which has been ongoing since February this year, doesn’t…

byCoinpaper News

September 19, 2024

cp6225 a person in a yellow suit standing in jail 751e41d2 1d4d 490d 906a b0bcbc613c08 3c7b861a73 1 - Health of Detained Binance Executive Declines in Nigerian Jail

Health of Detained Binance Executive Declines in Nigerian Jail

The health of Binance executive Tigran Gambaryan has deteriorated significantly while detained in a Nigerian prison, where he is being denied access to legal counsel.In Venezuela, the government has blocked access to cryptocurrency exchange Binance, social media platform X,…

byCoinpaper News

August 13, 2024