News
Damcho Rinzin, the director of Bhutan’s Department of Tourism, said the sector has struggled because of its payment infrastructure.
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Binance News
Founded in 2017 by Changpeng “CZ” Zhao, Binance has become one of the largest crypto asset exchanges in the market, providing a wide variety of software products and services for buying and selling cryptocurrencies.
The Binance ecosystem encompasses diverse offerings, including the Binance exchange for cryptocurrency trading, the BNB Smart Chain enabling decentralized applications, the Binance Academy for educational content and Trust Wallet for secure asset storage and management.
BNB (BNB) serves as the driving force behind the BNB Chain ecosystem, functioning as its native cryptocurrency token. BNB originated from Binance’s initial coin offering and served as a means for users on the Binance exchange to reduce trading fees upon its launch. In 2019, Binance launched a mainnet blockchain, Binance Chain, with BNB as its coin. In 2020, Binance Smart Chain (BSC) was launched as a separate compatible blockchain alongside Binance Chain. In 2022, Binance merged the Binance Chain and Binance Smart Chain ecosystems under a single label: BNB Chain. Both chains still run parallel and serve distinct roles but are housed under a single name.
Despite its success, Binance is under constant regulatory review as authorities examine whether it complies with global financial laws. This highlights the industry’s unstable regulatory environment and has led Binance to bolster its adherence to laws and regulations in various jurisdictions. Nonetheless, its technological prowess, worldwide reach, and forward-thinking leadership solidify its position as a formidable crypto behemoth.
- News
Binance names Gillian Lynch as head of Europe and UK to lead its MiCA compliance and expansion across regulated crypto markets.
3069 - News
SkyBridge Capital’s Anthony Scaramucci has doubts crypto treasuries have legs in the long run, arguing investors will start buying crypto instead of investing in companies that hold it.
6044 - News
Binance Pay and Lyzi team up to bring crypto payments to over 80 businesses across the French Riviera, spanning Cannes, Nice, Antibes and Monaco.
2869 - News
Binance CEO Richard Teng said crypto aligns with Bhutan’s happiness-first policy, highlighting financial freedom and innovation during a visit to the Himalayan kingdom.
6147 - News
BNB Smart Chain’s Maxwell hard fork has three main proposals to boost scalability, validator sync and overall network efficiency.
5685 - News
Kenya’s crypto startups fear a Binance-linked lobby group could tilt new regulations in the exchange’s favor under the proposed VASP bill.
15455 - Newsletter
Corporations race to build Bitcoin treasuries as stablecoins gain momentum and landmark regulations take shape worldwide.
3705 - Market Analysis
Bitcoin recovers as the Coinbase premium soars, but retail investors’ inflows are rising at Binance, and open interest is falling, proving that traders remain cautious.
4177 - News
Chinese blockchain company Nano Labs announced a $500 million convertible notes deal to fund a major BNB acquisition, aiming to hold up to 10% of its circulating supply.
3321 - News
Whales are betting hundreds of millions on Ether’s price recovery despite the industry’s most successful traders being net short amid escalating conflict in the Middle East.
5430 - Market Analysis
Bitcoin’s $96 billion in derivatives open interest fuels BTC price momentum near all-time highs, but rising leverage use raises the risk of liquidations and market volatility.
3429 - News
Binance founder Changpeng Zhao said crypto platforms must prepare for the inevitable by enabling users to pass on digital assets after they die.
7008 - Price Analysis
Altcoins remain in a consolidation phase even as Bitcoin price looks ready to take a stab at new all-time highs.
8799 - News
Binance’s rollout in Syria features a full access launch, allowing Syrians to trade at least 300 tokens, including Bitcoin, XRP, Toncoin and more.
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