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Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure

Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering…

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India Expected to Release Consultation Paper on Cryptocurrency Regulations in Coming Months, Report

The Indian government, through a panel headed by the Secretary of the Department of Economic Affairs (DEA), is expected to release a consultation paper on cryptocurrency regulations. The paper, scheduled…

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Binance to Temporarily Halt TON Deposits and Withdrawals Later This Month: Here’s Why

TL;DR Binance will temporarily suspend TON deposits and withdrawals on August 26, but trading will remain unaffected. The company introduced certain trading pairs involving the altcoin earlier this month, contributing…

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Binance Launches Mobile Money Feature for Crypto Transactions in Africa

Crypto exchange Binance has launched its One Click Buy and Sell (OCBS) service in Africa, enabling users in Ghana, Tanzania, Uganda, and Zambia to buy and sell cryptocurrencies via mobile…

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Binance Says It Protects Over $2.4 Billion From Crypto Scams This Year

Crypto exchange Binance says it has protected over $2.4 billion from scams and fraudulent activities this year, safeguarding more than 1.2 million users worldwide. The exchange’s AI-driven and manual risk…

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