Browsing: Binance

U.S. prosecutors are considering filing money-laundering charges against Binance and its executives, including CEO Changpeng Zhao, Reuters reports.

The cryptocurrency lender had initially intended to sell its assets to FTX in order to return some money to its clients.

Verification for ETH, USDT, USDC, BUSD and BNB coming soon.

Binance, the biggest cryptocurrency exchange in the world, will buy rival FTX business FTX.com. Read Also: Crypto Exchange FTX Secures $420M, Now Valued At $25 Billion

CZ said on August 5 that the company does not own Indian crypto exchange WazirX, a deal that was understood to be completed back in 2019.

“I think that clear and effective regulation is essential for blockchain to be applied in every corner of life, not just cryptocurrencies, DeFi or NFT,” said the Founder and CEO of Binance.

The funding round attracted several early-stage venture capitalists and crypto-native firms, including RRE Ventures, Foundation Capital, Original Capital, VanEck and Circle Ventures.

“It’s important to work with innovative partners to explore new monetization avenues for our members and create new experiences for music fans,” states Recording Academy Co-President Panos A. Panay.

Bifinity will empower businesses to adopt crypto and reach new audiences with easy, direct fiat-to-crypto transactions.

Bahrain is the first country in MENA region to grant an in-principle approval to a Binance entity.