Tag: Binance

Nigerian Senate Pushes for Comprehensive Crypto Regulation to Stabilize Naira

The Nigerian Senate Committee underscores the urgent need for a clear regulatory framework for cryptocurrency to safeguard investors and stabilize the market. President Tinubu's administration advocates for developing the capital and crypto markets to safeguard the local currency. Crypto Regulation is considered necessary to protect investors from the hazards associated with unregulated digital asset...

Crypto Industry on Trial: SEC’s Legal Actions Against Major Companies

The SEC crypto crackdown has targeted titan companies, including Ethereum Foundation, Consensys, Robinhood, Uniswap Labs, Coinbase, Binance, Ripple, and Kraken. Ethereum 2.0 and...

A Binance Executive on the Run: Nigeria Seeks Extradition from Kenya

Nigerian authorities and Interpol have located Binance executive Nadeem Arjarwalla in Kenya, and extradition proceedings have been initiated. Arjarwalla's escape on a Kenyan...

Thailand Strengthens Digital Asset Regulation Through Collaborative Efforts

Thailand blocks access to unauthorized cryptocurrency platforms, supports law enforcement efforts against cybercrimes. Ministry of Digital Economy and Society directs Thai SEC to...

Strengthening DeFi Infrastructure: Binance Integrates USDC with CELO

Binance has seamlessly integrated USDC stablecoin onto the CELO network, enabling users to directly deposit and withdraw USDC on Binance's platform. USDC integration...

The Departure of Binance: Implications for P2P Bitcoin Trading and Financial Inclusion

Binance's exit from Nigeria underscores the growing regulatory challenges facing cryptocurrency exchanges in emerging markets. The departure signals a pivotal moment for the...

Collaborative Regulation: CBN and SEC’s Approach to Crypto Oversight in Nigeria

The Central Bank of Nigeria (CBN) has clarified that the Nigerian Securities and Exchange Commission (SEC) regulates cryptocurrencies. The CBN's commitment to collaborate...

Nigeria charges Binance Executive with tax evasion after Kenyan executive flees custody

Nadeem Anjarwalla, a Binance executive, escaped custody in Nigeria amid an investigation into Binance for allegations including crypto crime and tax evasion. Nigerian...

Binance’s Crypto Literacy Quest: Journeying Through Bitcoin NFTs and USDT

Binance launches an innovative educational campaign centred around Bitcoin NFTs and crypto literacy. The campaign incorporates interactive 'Word of the Day' games that...

Nigeria’s FIRS Accuses Binance of Tax Evasion: The Unfolding Legal Battle

The FIRS has accused Binance of a litany of offences, including failure to pay Value-Added Tax (VAT) and Company Income Tax. The situation...

Binance’s Halving Initiatives: Shaping the Future of Cryptocurrency Trading

Binance is launching a pioneering campaign to galvanize participation and investment within its ecosystem. The first, a warm welcome to newcomers with a...

Adieu to Leveraged Tokens: Binance Announces Strategic Shift Amidst Crypto Market Changes

Binance is charting a new course by announcing the cessation of select leveraged tokens. Leveraged tokens like the BLTs facing sunset are intricate...

Ripple Exchange Faces Cyber Nightmare: $112 Million Stolen in Historic Hack

Crypto hackers target Ripple Exchange's co-founder, Chris Larsen, making off with a staggering $112 million in XRP. The XRP ledger underpins its...

Cristiano Ronaldo NFTs Stands Strong Amid Legal Challenges: Binance Fulfills Promises

On January 25, Binance released a video of Ronald playing football with seven fans and holders of the cr7 NFT collection. Alongside Ronaldo,...

US Court Finalizes Binance Case

The U.S. Court ordered the top crypto exchange to pay $2.7 billion and Changpeng Zhao to pay $150 million to the Commodity Futures...

Binance Faces Three-Month Ban in the Philippines

The head of the Philippines SEC, Kelvin Lee, clarified that the ban on Binance would take effect three months after the advisory was...