The BNB token, native to the BNB Chain, has reached its lowest price in the past year as it faces a decline following the SEC case against Binance, the central entity responsible for BNB's development. Binance has suspended EUR withdrawals and deposits, causing users to resort to alternative options such as card deposits or the P2P platform.
Binance, the world's largest cryptocurrency exchange, caused confusion by mistakenly announcing on social media that euro transactions were no longer available, but it was clarified that euro transactions will continue until September 25th with Binance's banking partner in the region. However, the exchange is currently facing legal troubles and difficulties in various countries, making it challenging to find alternatives.
Binance US is reportedly reconsidering its decision to discontinue fiat on- and off-ramp services and is working on integrating new US dollar on-ramp solutions, potentially partnering with payment provider MoonPay to allow users to buy and sell cryptocurrencies in dollars.
Cryptocurrency exchange Binance will suspend its crypto debit card services in Latin America and the Middle East without providing a specific reason, impacting less than 1% of users in those regions.
Binance has lost business with Mastercard and Visa as traditional financial institutions become wary of working with the cryptocurrency exchange due to regulatory scrutiny and concerns over compliance within the crypto industry.
Binance experienced a rapid withdrawal of $150 million worth of Bitcoin in one minute, indicating potential factors such as security, investment strategy, or preparation for a major transaction, while also raising speculation about market moves and potential illicit activities.
Binance has severed ties with five sanctioned Russian banks on its peer-to-peer service due to a system update to comply with regulatory standards and sanctions rules, amidst ongoing legal challenges faced by the exchange.
Binance faces scrutiny over SEPA concerns, market manipulation allegations, and sanction violations, while regulators crack down on crypto-related crimes; meanwhile, scams and allegations of insider trading plague the crypto industry.
Cryptocurrency exchange Binance has imposed restrictions on its peer-to-peer trading platform, banning Russian residents from using fiat currencies other than the Russian ruble and requiring Russian KYC verification and residency for ruble transactions, possibly in response to Western sanctions or new fiat currency restrictions imposed by the Russian government.
Binance, the world's largest cryptocurrency exchange, is considering a complete withdrawal from the Russian market due to complications and potential violations of Western sanctions.
Binance, the world's largest cryptocurrency exchange, is considering a complete withdrawal from the Russian market due to complications and potential violations of Western sanctions.
Cryptocurrency exchange Binance is experiencing the departure of two key executives in the Russian market, raising questions about the company's future in the region amidst regulatory challenges and potential sanctions.
Binance is refunding users $1 million and implementing measures to prevent future incidents after users were unable to withdraw their CYBER Earn assets due to a cross-chain bridging issue.
Binance, the world's biggest crypto exchange, announced that it will no longer support Polygon on its NFT marketplace as part of its efforts to streamline product offerings, stating that users should withdraw their NFTs by the end of the year.
Binance.US, the United States arm of the crypto exchange, has cut around a third of its staff and its CEO has departed amid legal action from US regulators.
Binance.US and Ceffu are entangled in a legal dispute regarding the custody of American customers' assets, with both parties making contradictory claims about their relationship and control over funds.
The Securities and Exchange Commission (SEC) has been denied access to Binance US's software in its ongoing case against the exchange, with a judge stating that the SEC should make more tailored requests and speak with additional witnesses; the SEC alleges that Binance US's separation from Binance Holdings is cosmetic and that clients' funds were leaving the US in violation of securities rules.
