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Leading Deutsche Bank expert and Harvard lecturer Marion Laboure warns investors about the impending collapse of many cryptocurrencies. The analyst emphasizes the fundamental difference between stable assets like Bitcoin and Ethereum and the rest of the digital currency market, pointing to increasing risks for altcoins. The Future of Crypto Market Under Threat of Major Changes […]
In the United States, Binance is accused of being used for terrorist financing, money laundering, and other illegal activities that allowed Hamas, ISIS, and other terrorist organizations to conduct operations, as well as residents of sanctioned jurisdictions. This is stated on the website of the US Treasury. As part of the settlement, the company will […]
Binance has entered into an agreement to sell its entire Russian business to CommEX. This is stated in the official blog of the exchange. To ensure a smooth transition for existing Russian users, the process will take up to one year. All assets of clients from Russia are safe and secure, Binance assures. “We are […]
Mastercard and Visa have decided to suspend their cooperation with Binance, a major cryptocurrency exchange that is facing problems due to international regulations. Companies obviously want to distance themselves from cryptocurrency markets. This was reported by Bloomberg. Starting in July, Viza stopped issuing new joint cards with Binance in Europe. Mastercard will also terminate all […]
Binance, the world’s largest crypto exchange, announced its withdrawal from the Netherlands in June this year after an unsuccessful attempt to obtain regulatory approval, Coindesk reports. According to information published by Coinmerce on Thursday, Binance is now referring its Dutch customers to a competitor, the Coinmerce crypto exchange. Residents of the Netherlands can no longer […]
Binance, the world’s largest cryptocurrency exchange by volume of transactions, has banned Russians from selling and buying dollars and euros through its p2p service. This was reported by the Russian edition of Forbes. At the same time, EU citizens were banned from buying and selling rubles. A representative of the exchange explained this decision by […]
Last year, the crypto exchange Binance managed to strengthen its dominance in the global cryptocurrency market. Not the last role in this was played by the collapse of the Celsius and FTX crypto platforms. As of 12/28/2022, Binance controlled 92% of the BTC spot market. At the same time, its share in the bitcoin derivatives […]
Clients started withdrawing funds en masse from the world’s largest electronic currency exchange after the bankruptcy of FTX. Cryptocurrency exchange Binance lost $1.9 billion in 24 hours. This was reported by the specialists of the Nansen analytical platform. Customers decided to withdraw Ethereum from Binance after a series of high-profile scandals and a lack of […]
Major Ukrainian crypto exchanges refuse to trade Binance’s own token – BNB, and the state is called on to cancel any cooperation with the company. All because of Binance’s ties to Russia and Iran, despite the sanctions directed against these two countries. Binance VS Ministry of Digital of Ukraine On November 9, Binance announced the […]
Binance has thoroughly taken up the Ukrainian market and is receiving more and more support from both the state and business. Thus, another partner of the world’s largest crypto exchange has become the large Ukrainian chain of gas stations WOG: thanks to this, another alternative method of paying for fuel and services has become available […]