Auto Added by WPeMatico

Binance unveils plans for world domination by buying up companies in every sector

In the wake of increasing regulatory scrutiny, Binance has sought to diversify its revenue streams and increase crypto adoption further by acquiring traditional companies in “each economic sector”.

Continue ReadingBinance unveils plans for world domination by buying up companies in every sector

Unicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation

Binance Charity is donating $2.5 million worth of cryptocurrency to support the humanitarian efforts of Unicef in Ukraine. The announcement comes as the ongoing military clash with the invading Russian…

Continue ReadingUnicef Receives $2.5 Million in Crypto for Ukraine From Binance Charity Foundation

Binance Launches Bitfinity, a Payments Company Targeting the Web3 Economy

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…

Continue ReadingBinance Launches Bitfinity, a Payments Company Targeting the Web3 Economy

South African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges

Brandon Topham, the head of enforcement at South Africa’s financial sector regulator, has insisted that his organization has not issued warnings to some global exchanges because they deal in crypto.…

Continue ReadingSouth African Regulator Explains Why It Has Been Targeting Global Crypto Exchanges

Binance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments

Cryptocurrency exchange Binance has fully resumed EUR and GBP deposits and withdrawals via the SEPA payment network and Faster Payments Services (FPS). Binance is also offering all verified users zero…

Continue ReadingBinance Fully Resumes EUR and GBP Deposits and Withdrawals via SEPA, Faster Payments

FCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns

Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership.

Continue ReadingFCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns