Shiba Inu cryptocurrency can now be used for payments in Brazil as Binance Pay expands its services, offering faster and cheaper crypto transactions for Brazilian merchants.
Cryptocurrency influencer "Bitboy Crypto" has recommended XRP, Dogecoin, Binance Coin, and Cardano as altcoins that have the potential to make investors millionaires in the next five years.
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.
XRP has the potential to revolutionize cross-border payments and has gained partnerships with over 100 financial institutions, while also being utilized for various other projects such as tokenization and decentralized finance.
Cryptocurrency exchange Binance is discontinuing its crypto-backed debit card service in Latin America and the Middle East, affecting less than 1% of its users in those regions, without stating a reason for the decision.
Mastercard and Binance will end their crypto card programs in several countries, including Argentina, Brazil, Colombia, and Bahrain, as of September 22.
Binance, the largest cryptocurrency exchange, has contacted low-liquidity token projects to enhance their liquidity protection by requesting details about their market makers and asking if they would contribute tokens to Binance savings pools.
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 has achieved a significant milestone with its integration of the Bitcoin Lightning Network, as its lightning node is growing rapidly and currently ranks 14th in terms of capacity on the network, with users actively utilizing it for their Bitcoin transactions.
Binance, the world's largest crypto exchange, has banned Russia-based users from trading in all currencies except the ruble due to a U.S. Justice Department investigation into possible violation of financial sanctions on Russia.
Crypto exchange Binance is expanding its zero-fee trading promotion to include Argentine, Brazilian, and South African currency spot trading pairs, allowing users to trade bitcoin, ether, and Tether's USDT stablecoin without paying maker fees.
JP Morgan is reportedly developing a new blockchain-driven solution for cross-border transactions, leading to a surge in major cryptocurrencies, while Binance expands its zero-fee trading promotion to include currency spot trading pairs in Argentina, Brazil, and South Africa.
Despite Visa's announcement and warnings from Binance's CEO, major cryptocurrencies such as Bitcoin and Ethereum are struggling in a bearish trend while a top Federal Reserve official expresses deep concern over the $120 billion stablecoin market.
Binance.US CEO departs and workforce is reduced as the crypto exchange faces pressure from regulatory actions, while BitMEX launches a prediction market and FTX amends its crypto asset sale proposal.
A small number of Binance users in Europe are unable to withdraw euros due to the upcoming end of support from the exchange's regional payments provider, Paysafe, which claims that Binance is responsible for customer-facing issues.