Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custodial services, and portfolio management to customers under the supervision of the Bahrain regulators,” said the exchange. Binance Now Licensed inRead More →
Leading cryptocurrency exchange Binance is showing its intention of expanding its activities to Brazil. The company announced that it has signed a memorandum of understanding with a regulated securities brokerage firm in Brazil, with the intention of acquiring it. The company, called Sim;paul Investimentos, offers different investment options to itsRead More →
Crypto exchange Binance has blocked transactions with Mastercard and Visa cards issued in the Russian Federation. The trading platform announced the move after the American payment giants decided to halt operations in Russia over its military invasion of Ukraine. Russians Unable to Use Their Mastercard and Visa Cards on BinanceRead More →
Many crypto exchanges send tax forms to the IRS, each with their own list of supported tokens and info that doesn’t necessarily match up. This can create a lot of confusion for U.S. taxpayers. Luckily, Cointelli can swiftly and reliably create a unified tax report with the push of aRead More →
Leading cryptocurrency exchange Binance has announced the launch of its own payments processing company, Bitfinity. Bitfinity will act as the default fiat-to-crypto payments ramp for the exchange, as well as for other blockchains. With this launch, Binance also targets the expanding Web3 economy, partnering with Paysafe and Checkout.com. Bitfinity LaunchesRead More →
Binance NFT will help bring Netmarble F&C, one of the world’s biggest game publishers, into the world of non-fungible tokens. TheGolden Bros (GB) Genesis Mystery Box Collection, which can be found on the Binance NFT marketplace, will grant early access to game access with purchased costumes. Major technology and gamingRead More →
Read in the Digest: Bitcoin falls under $41K as Russia-Ukraine crisis heats up, Ukraine legalizes crypto. Warren Buffett into crypto, Sequoia Capital launches crypto fund, Circle’s valuation climbs $9 billion. FBI forms crypto crimes unit, DoJ appoints new crypto team Director. Binance suspends all activities in Israel, Coinbase resumes advancedRead More →
Once again, the world’s largest cryptocurrency exchange, Binance, has come under regulatory scrutiny. This time, its U.S. arm is under investigation by the Securities and Exchange Commission (SEC) over its relationship with two affiliate market makers. According to the report, the two firms, Sigma Chain AG and Merit Peak Ltd.,Read More →
Read in the digest: Binance is acquiring a $200 million stake in Forbes. Ransomware payments in cryptocurrencies surpassed $600 million in 2021. Cardano has facilitated 30 million transactions, TVL tops $157 million. OnlyFans launches NFT profile pictures, YouTube to integrate NFTs. Binance Acquires $200 Million Stake in Forbes Binance, theRead More →
Forbes, the 104-year-old American magazine and digital publisher, which is preparing to go public by the end of the quarter, has announced a $200 million strategic investment from Binance, the world’s largest cryptocurrency exchange by trade volume. Forbes to Educate the Public on Blockchain As part of the deal, BinanceRead More →