The world's largest cryptocurrency exchange, Binance, is witnessing a wave of departures among top executives in regions including Russia, other former Soviet republics, and Eastern Europe. These departures come as regulators tighten their grip on the exchange in various markets.
Current Departures:
Gleb Kostarev, Binance's...
The Ministry of Economic Affairs in Taiwan has announced a proposal to amend the classification criteria for trading groups, with the aim of adding a new category for digital asset services. This move aims to enhance the development of self-regulatory principles.
According to officials, the...
Binance's BNB Chain is set to undergo two hard forks in August 2023, aimed at reducing the risk of blockchain reorganizations and increasing compatibility with other Ethereum Virtual Machine (EVM) blockchain networks. The first upgrade, Plato, has already taken place and implemented BEP-126, which...
Binance has announced that it has received two licenses from regulatory bodies in El Salvador, namely the Bitcoin Services Provider (BSP) license from the Central Reserve Bank of El Salvador and the first non-provisional Digital Assets Services Provider (DASP) license from the National Digital...
JPMorgan analysts have shed light on how the recent launch of PayPal’s stablecoin could potentially benefit Ethereum and other decentralized finance (DeFi) platforms.
1. Increased Total Value Locked
According to JPMorgan analyst Nikolaos Panigirtzoglou, the launch of PayPal’s stablecoin could boost Ethereum's network utility and overall...
Binance, the digital exchange platform, announced on Monday that its Dubai subsidiary, Binance FZE, has obtained an operational MVP license from the Dubai Virtual Asset Regulatory Authority (VARA).
This license enables the platform to offer regulated services in Dubai and from Dubai, such as digital...
