Binance, the world’s largest cryptocurrency exchange, has agreed to a plea deal involving over $4 billion with the U.S. government. This settlement concludes a protracted criminal investigation, with CEO Changpeng Zhao pleading guilty to several charges. Details of the Plea Agreement In the settlement reached with federal prosecutors, Changpeng Zhao will plead guilty to violating...
The U.S. arm of cryptocurrency exchange Binance said it will remove digital asset tokens TRON and Spell from its trading platform, sending the prices of both down sharply on Wednesday. Binance.US said the move was the result of a periodic review and that factors it regularly considers can include trading volume and liquidity, changes in...
Binance’s Australian derivatives license was canceled at the crypto exchange’s own request, the Australian Securities & Investments Commission said Thursday, after the regulator had begun a “targeted review of Binance” in February. Beginning April 14, Binance’s derivatives clients in Australia will not be able to open or increase their existing trading positions. By April 21,...
Crypto exchange Binance will add six trading pairs with the stablecoin TrueUSD (TUSD). According to the announcement of the exchange, new pairs will be added to the site on March 29. Binance will open trading for TUSD with Lido DAO, Polygon (MATIC), Optimism (OP), Solana (SOL), SSV Network (SSV) and Ripple (XRP) cryptocurrencies. Market Makers...
Crypto exchange Binance announced the creation of a new blockchain hub in Georgia, calling this country one of the most innovative in the region, and expressed its readiness to actively participate in the development of its crypto industry. As part of the project, Binance hopes to attract more specialists to the blockchain sector, promote educational...
Binance and four other exchanges announced the listing of the native token of the Arbitrum project and the start of trading after the airdrop planned by the developers on March 23. On the largest crypto exchange, Arbitrum (ARB) spot trading will be available in pairs with Bitcoin and Tether (USDT). In addition, the exchange will...
Binance stopped depositing and withdrawing funds in British pounds for new users from the UK from March 13, for other users from this country the functions will be available until May 22, according to Bloomberg. This is due to the fact that Binance’s banking partner, Paysafe, has stopped supporting transactions in British currency for exchange...
Binance will withdraw from the BUSD stablecoin assets from its Industry Recovery Initiative (IRI) crypto industry assistance fund, to which the company previously sent $1 billion, Changpeng Zhao, the head of the exchange, said. The remaining funds in the fund will be converted into cryptocurrencies such as Bitcoin, Ethereum and BNB. “Given the changes in...
The supply of Binance stablecoin (BUSD) has decreased by $5 billion in 2 weeks. Since February 13, the market capitalization of the asset has decreased by 32%, from $16.1 billion to $10.97 billion, according to CoinMarketCap. On February 13, it became known that the New York State Department of Financial Services (NYDFS) ordered the BUSD...
The share of Tether (USDT) in the stablecoin market exceeded 51% for the first time since May 2022. This past weekend, February 11-12, this figure reached 51.07%, and by February 13 it was 51.31%, according to CoinGecko. In second place is USD Coin (USDC) – it occupies 30.64% of the market, Binance USD (BUSD) accounts...
