A Brazilian congressional committee recommended that local authorities file charges against Binance CEO Changpeng "CZ" and three other Binance executives following an investigation into financial pyramid schemes in Brazil.
On October 10, the committee released a 500-page final report in which it…
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Binance
Binance officially quits Russian market
The leading global cryptocurrency platform, Binance, made public its withdrawal from the Russian market and the transfer of its operations in the country to the Russian firm CommEX. This process is projected to take approximately one year.…
Binance partners with Japanese banking giant to launch stablecoins
In a strategic collaboration, cryptocurrency exchange Binance joined forces with Japan's largest bank, Mitsubishi UFJ Trust and Banking Corporation (MUTB), with the aim of exploring the issuance of stablecoins in Japanese territory.
On…
BinanceUS could face a new legal dispute against the SEC
Binance.US, the cryptocurrency exchange, faces a serious legal dispute with the United States Securities and Exchange Commission (SEC) due to alleged irregularities in its services. The SEC accused the company of failing to adequately…
Binance product manager leaves the platform
Mayur Kamat, who played a key role in the growth of Binance, has decided to step down as Head of Product after almost a year and a half with the company. The news was confirmed by a spokesperson, who expressed gratitude for Kamat's…
Binance stops P2P operations at Venezuelan bank
This Monday, users of the Binance platform for P2P operations through Banco de Venezuela reported the difficulty in carrying out their transactions.
Binance, the main platform in the world for the purchase and sale of cryptocurrencies, as…
Binance begins to move away from card operators
In an unexpected twist, Binance Card holders in Latin America were surprised this week with the announcement of the final closure of the cryptocurrency card in collaboration with Mastercard.
Although none of the parties involved has…
Binance announces the deactivation of cards in several Latin American countries
In a statement issued on August 23, 2023, the Binance cryptocurrency exchange informed its Colombian users about the discontinuation of their Binance cards in Colombian territory. The news, which also affects Argentina and other Latin…
Latin Americans adopt cryptos to travel with Binance and Despegar
In the world of travel, cryptocurrencies are finding their place. Binance and Despegar shared a statement, highlighting the emerging trend of Latin Americans using cryptocurrency for their adventures. Mainly, the most popular destinations…
Federal Judge of the United States orders protection in case Binance vs. Sec
A federal judge overseeing the civil case between the United States Securities and Exchange Commission (SEC) and the cryptocurrency exchange Binance, Binance.US, and Binance's CEO Changpeng Zhao (CZ), has issued a motion for a protective…
Binance obtains license as the first authorized exchange in El Salvador
Binance, one of the world's leading cryptocurrency exchanges, has marked a major milestone by becoming the first fully authorized exchange in El Salvador. The company has obtained fundamental licenses that give it the ability to provide…
Binance.US is now accused of committing “wash trading”
Binance.US, the US arm of the renowned global cryptocurrency platform Binance, is in the midst of serious wash trading allegations brought by the US Securities and Exchange Commission (SEC). This practice consists of an entity carrying out…