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Exchange 2 min

Binance FZE Secures VASP License in Dubai

Binance FZE, the Dubai-based subsidiary of the global cryptocurrency exchange Binance, has achieved a significant regulatory milestone by obtaining a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority…

Exchange 2 min

Binance, OKX, and Bybit Lead Growth in Crypto Exchanges

A recent report from Bybit’s Institutional Report 2024 has highlighted a significant increase in trading volumes across major centralized cryptocurrency exchanges (CEXs) such as Binance, OKX, and Bybit, with growth rates surpassing…

Exchange 2 min

Binance Converts $1B Emergency Fund to USDC

In a strategic financial maneuver, Binance, the world’s largest cryptocurrency exchange, has converted its entire $1 billion Secure Asset Fund for Users (SAFU) to Circle’s USD Coin (USDC), now holding 3% of…

Exchange 2 min

Coinbase Seeks Interlocutory Appeal in SEC Lawsuit

Coinbase, the prominent cryptocurrency exchange, is pushing for an interlocutory appeal in a lawsuit brought by the U.S. Securities and Exchange Commission (SEC), focusing on a fundamental legal question about the nature…

Exchange 2 min

Binance’s $4.3 Billion US Settlement

Catherine Chen, Binance’s head of institutional and VIP services, has described the cryptocurrency exchange’s $4.3 billion settlement with the United States as a pivotal moment, signaling a new era of regulatory compliance…