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Ukraine Calls On Crypto Exchanges To Block Russian Users

Ukraine Seeks to Cut Off Crypto Access for Russians and BelarusiansThe Ukrainian official called for the widespread restrictions in a statement via Twitter on February 27, following Russia's invasion of Ukraine a few days earlier. According to Fedorov "It's crucial to freeze not only the...
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Eyebrows Raise As Binance Announces A $200m Investment Into Forbes

Binance, the world’s largest cryptocurrency exchange by trading volume, recently announced that it is making a $200 million investment into Forbes. The move came as a surprise to many, both inside and outside the crypto industry. The investment will make Binance one of the biggest...
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Why Is Binance Banned In The USA? Examining The Issues

Founded in 2017 by Changpeng Zhao, Binance grew to be the biggest cryptocurrency exchange in the world. However, in 2021 the United States Department of Justice along with the Internal Revenue Service began investigating the exchange on allegations of money laundering and tax offenses. The...
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Reuters: Binance Practiced Poor KYC

Binance Reportedly Ignored Warnings About Weak KYC Binance often made headlines in 2021–not all of them were positive. Regulators in different countries issued warnings against the cryptocurrency exchange giant and its affiliates, stating that the firm was not licensed to operate in their jurisdictions. From...
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CRO Vs. BNB – The Battle Of The Exchanges Heats Up

With many exchanges littering the crypto industry, it becomes an onerous task to choose the best. Beyond choosing the best exchange, you may also want to invest in exchange-listed tokens, and there is no better place to do that than directly from the exchange itself....
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Binance CEO Changpeng Zhao Is The Richest Person In Crypto

CZ is a Bona Fide Crypto MogulAccording to a Bloomberg report, Zhao's worth is about $96 billion, as estimated by the Bloomberg Billionaire Index. Meanwhile, CZ's worth could be much higher, considering that the Binance CEO's personal crypto holdings were not taken into account. Zhao's...
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Exchange Giant Binance Is Now A Licensed Entity In Canada And Bahrain

Binance, the largest cryptocurrency exchange platform, has had a rough year in terms of regulatory approval. However, the exchange is now closing the year with a piece of good news after the CEO, Changpeng Zhao, confirmed that it had obtained two critical licenses. The exchange...
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How To Track Crypto Trading For Tax Purposes

Although the IRS will be tracking crypto trading information via the brokers, all Investors are advised to also keep their records. Every investor should track all his potential taxable transactions and the crypto fair market price throughout these activities. This will help them ensure the...
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PlaceWar — A Gaming ICO That Sold Out Almost Immediately

PlaceWar creates an open game environment in the metaverse where the players set the rules. Therefore, a guaranteed gaming experience has never been seen in other crypto games. Furthermore, it integrates battle and creation under an incentive mechanism to support both. The project raised over...
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The Best Places To Buy Crypto Anonymously

Any website you visit and register at may collect data like your IP address, the advertisements you click on, the web/mobile browser that you use, how often you visit the website, and, of course, personal identification information like your name, date of birth, email address,...
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Gemini Seeks New APAC Head For Singapore Regional Headquarters

Gemini Looking to Hire New APAC LeadAnonymous sources familiar with the matter revealed Ng's departure from the APAC region of the U.S.-based cryptocurrency exchange and custodian. However, there are no reasons why Ng left his position, with no official statement yet from Gemini or the...
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Binance Singapore Withdraws License Bid

Binance Singapore has announced plans to withdraw its application for a license allowing it to operate in Singapore. As a result, Binance will phase out Singapore users from the platform by February 13, 2022. With Singapore having one of the most progressive crypto regulatory frameworks,...
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The Best Trading Platforms Without KYC Requirements

However, the signup process is currently tedious, and it can take several minutes to complete the account opening process. Many crypto brokerage firms have been forced to install KYC verification processes to comply with regulations that seek to curb the use of cryptocurrencies for money...
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Binance CEO Announced Plans To Open A Dedicated UK Arm

Binance, the largest cryptocurrency exchange platform by trading volumes, is moving towards the UK market again. This comes after the exchange faced a regulatory crackdown by the Financial Conduct Authority (FCA) earlier this year. Binance has faced several regulatory crackdowns lately. The several bans on...
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Binance Restores DOGE Withdrawals, Days After Elon Musk’s “Shady” Tweet

Some Dogecoin traders on Binance, the largest cryptocurrency exchange platform, have been having a hard time making their withdrawals. This glitch started after the Dogecoin network announced that it would be having updates, which led to some users receiving Dogecoin that was not theirs, and...
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Changpeng Zhao — Who Is The Man Behind Binance

BiographyChangpeng Zhao, otherwise known as CZ, is a Chinese-Canadian business director and the creator and CEO of Binance. Binance is the third-largest cryptocurrency by market capitalization after Bitcoin and Ethereum. Apart from his role in Binance, Zhao has become a social media personality in the...
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Spanish Regulator Criticizes Andres Iniesta For Advertising Binance

The Spanish market regulator, National Securities Market Commission (CNMV), has issued a warning to legendary soccer star Andres Iniesta for promoting cryptocurrency investments, stating that such investments are risky. Iniesta recently advertised Binance, the largest cryptocurrency exchange platform on his social media handles. Iniesta is...
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Elon Musk And Binance Trade Barbs Following DOGE Withdrawal Limits

The richest man in the world, Elon Musk, has criticized Binance over its latest issues regarding withdrawal limits on Dogecoin. Dogecoin is Musk’s favorite cryptocurrency, and this latest admission shows that he is still in support of the meme coin. The recent remarks by Musk...
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Binance CEO Says His Crypto Portfolio Is Made Of BTC And BNB

The CEO of Binance, Changpeng Zhao, has announced that he only holds Bitcoin and Binance Coin in his investment portfolio. Zhao stated that the Bitcoin in his portfolio was bought in 2014, during the cryptocurrency's early years. Zhao noted that Binance Coin made the largest...
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Bitfury Appoints Former US OCC Head As New CEO

Former Acting Comptroller of the Currency Leads BitfuryBitfury announced the news of the appointment via a press release on Thursday (Nov. 4, 2021). An excerpt from the announcement reads: "Mr. Brooks will lead the 10-year-old crypto unicorn as it launches a new funding round, increases...
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What Is BNB And How Does It Work? A Guide To Binance’s Token

Binance Coin or BNB is the native cryptocurrency issued by the world’s largest digital asset exchange, Binance. The coin’s primary function is to fuel Binance’s operations in order to establish a sustainable ecosystem. At the time of writing, Binance Coin had a market cap of...
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Kraken Vs Binance – Which Offers The Best User Experience?

FeesBoth Kraken and Binance use a maker-taker fee structure system, which allows them to charge very low fees. At first impression, Kraken's fees appear to be lower than Binance's; Kraken charges up to 0.26 % on every trade, whereas Binance charges up to 0.10 %....
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Binance Coin (BNB) Vs. KuCoin Token (KCS) – Which Is Better?

Binance and KuCoin are two leading centralized crypto exchanges. Binance, the largest exchange by trading volume, boasts an impressive 28 million users from around the globe. KuCoin, on the other hand, has a more modest memberbase compared to its rival platform, possessing around 12 million...
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China's Huobi Exchange To Cease Chinese Mainland Trading

Huobi Global, a major cryptocurrency exchange that provides service to users in mainland China has announced that it will be ceasing all operations this year. About HuobiIn 2013, Huobi global was formed by Leon li; the crypto exchange was founded in Beijing. Huobi's response to...
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Binance Is Still Considered The Best Crypto Exchange – Why?

Other than Binance, there are several other exchanges, including Kraken, Coinbase, Coinbase Pro, Huobi, EToro, OKEx, KuCoin, Robinhood, among others. Despite the length of this list, Binance remains the most desirable exchange crypto trader, let's review why. Why Binance is still the best crypto exchangeBelow...
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According To Binance – Traders Need To Control Fear And Greed

As Changpeng Zhao, the founder, and CEO of cryptocurrency exchange Binance, tweeted recently, you need to handle fear and greed to be a successful trader. But that doesn’t in the least mean that handling one’s fear and greed is an easy task since otherwise, the...
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Will The Regulatory Crackdown On Binance Lead To FTX's Rise?

Although today there are hundreds of crypto trading platforms, a few are as big and influential as Binance, FTX, and Coinbase that process the bulk of the crypto trading transactions today. These crypto exchanges command a market cap of billions of dollars and play a...
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Binance To Cease Certain Offerings To Traders In South Africa

Binance has said that that it would discontinue some products available to its clients in South Africa. South Africa Joins the ListThe cryptocurrency exchange announced the news via a press release on Friday (October 8, 2021). According to the announcement, Binance users in South Africa...
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Coinbase Pro Vs Binance – Which Is Better?

In the world of cryptocurrency exchanges, there are two names that constantly keep appearing in the spotlight due to their importance for the cryptocurrency market. These are Binance, the biggest exchange by trading volumes, and Coinbase, a regulated, user-friendly experience for cryptocurrency newbies. These two...
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NatWest Joins Barclays and Santander to Ban Binance Payments

NatWest, one of the most important U.K.-based banks, has decided to block wires to Binance, citing security worries as the main reason behind the measure. Now, more than 7 million customers of NatWest will be unable to route their payments to the exchange directly. The...
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Binance Hits Another Wall, This Time In Singapore

Following regulatory issues in countries like Germany, the UK, the US, Japan, and others, Binance now hit a new wall. This time, the exchange is seeing trouble in Singapore, once again accused of offering unlicensed service. Singapore’s MAS requested that the exchange halts all payment...
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Kraken Suffers Major Outage After Crypto Rebounds – What happened?

While exchanges play an enabling role in the digital asset arena, they are not always ready to serve a rapidly explosive market. When traffic over the blockchain networks spike, the ability of these exchanges to effectively and efficiently serve becomes questionable. The cryptocurrency market is...
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Binance Winds Down Derivative Products In Germany, Italy And Netherlands

Binance has been facing tough regulatory scrutiny worldwide. In response to this, Binance has stated that it is halting derivatives product services in Germany, Italy and Netherlands. The largest cryptocurrency exchange, Binance, has announced that it will halt futures and derivatives trading in these three...
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Uniswap Labs Restricts Access To Over 100 Tokens On Its Own Interface

Uniswap Labs, the software development firm contributing to the Uniswap Protocol, has imposed limitations on several tokens. According to the firm, the tokens under question have always contributed a small portion of the volumes of the Uniswap protocol. “To continue to innovate and provide this...
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Uniswap (Decentralized Exchange) vs Binance (Centralized Exchange)

One of the most well-regarded decentralized exchanges in the cryptocurrency ecosystem is Uniswap. Uniswap is presently the topmost Ethereum-based decentralized exchange based on the number of users and trading volume. Meanwhile, Binance is also among the most well-known centralized cryptocurrency exchanges. It is the best...
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Binance Coin’s Price Unaffected By A Recent Burn Of $400m In BNB

Burning coins and tokens in the crypto industry is quite a common process that has a goal of reducing the circulating supply and increasing the price of said coin or token. Many projects with massive supply have used this method to improve the individual coin’s...
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Binance Introduces New NFT Marketplace

Recently, even the world’s largest crypto exchange by volume, Binance, announced plans to launch a brand new marketplace for new digital assets, naming it Binance NFT. Binance Expanding Operations Of course, I would hardly call this surprising, given that Binance has jumped on every trend...
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Why Binance is Facing Regulatory Scrutiny – All You Need to Know

The cryptocurrency industry is a large one and there is a lot required to keep it running. There are many factors that influence the industry and exchange platforms are a great example. Exchange platforms are responsible for the trading and swapping of digital assets across...
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