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Binance

  • Regulation

    Binance.US wins license in Puerto Rico to fuel growth

    Binance.US has obtained a money transmitter license in Puerto Rico, as the world’s largest cryptocurrency exchange continues to expand globally while seeking to become more mindful of compliance. See related article: Binance.US valued at $4.5B following first seed round Fast facts Binance.US CEO Brian Shroder on Tuesday said that Puerto Rico is an important market […]

    Timmy Shen

  • Regulation

    Binance closer to Thai business as Gulf Energy greenlights joint venture

    Binance has entered into a joint venture agreement in collaboration with billionaire Sarath Ratanavadi’s Gulf Energy Development to set up a crypto exchange in Thailand. See related article: Binance wins Abu Dhabi nod for another MENA outpost Fast facts Once the joint venture is established, it will apply for a digital asset exchange license with […]

    Timmy Shen

  • Regulation

    Binance wins Abu Dhabi nod for another MENA outpost

    The world’s largest crypto exchange received an in-principle approval from the Abu Dhabi Global Market (ADGM) to operate as a virtual assets broker-dealer, bolstering Binance’s presence in the Middle East. See related article: Binance wins crypto license in Dubai days after FTX Fast facts Binance will offer virtual asset investment and trading services across the […]

    Timmy Shen

  • Altcoins

    Sky Mavis raises $150 mln to offset Ronin hack, Axie NFT sales surge more than 350%

    News of Sky Mavis raising US$150 million to compensate users following the around US$600 million hack on its Ronin Bridge led to a surge in Axie non-fungible tokens (NFT) sales. See related article: Axie Infinity blockchain Ronin hacked for over $600M Fast facts Binance leads the round along with Hong Kong-based Animoca Brands, a16z, Dialectic, […]

    Danny Park

  • Altcoins

    Binance.US valued at $4.5B following first seed round

    Binance.US, headed for an IPO, has been valued at US$4.5 billion following a more than US$200 million fundraise in its seed round. See related article: Binance US on track for IPO Fast facts Investors include RRE Ventures, Foundation Capital, Original Capital, VanEck, Circle Ventures and inclusion-focused companies such as Gaingels and Gold House, Binance.US said […]

    Timmy Shen

  • Altcoins

    Binance signs on as Grammys’ official crypto exchange partner

    The operator of the world’s largest cryptocurrency exchange will become the first-ever official crypto exchange partner for the annual Grammy Awards for musical achievement. See related article: Binance to take $200M stake in Forbes Fast facts Binance will bring various Web 3.0 technology solutions and experiences to the organization’s members, events and initiatives, a press release […]

    Forkast.News

  • Regulatory News

    Binance wants to play ball with regulators

    Binance is racing to anchor its sprawling global operations as regulators in China, where it was founded in 2017, go after firms for lax know-your-customer practices.

    Timmy Shen