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Binance News, Analysis, & Opinion
Binance news, analysis, and featured articles by AlexaBlockchain provide coverage on the latest developments of one of the largest cryptocurrency exchanges in the market.
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.
The $1 billion fund will be divided across four key initiatives: Investments, Builder Program, Talent development, and Liquidity Incentives.
The largest cryptocurrency exchange on the planet is facing the flak of regulators in several countries for compliance issues. The securities regulator of Malaysia announced Friday “enforcement actions against Binance for illegally operating a digital asset exchange (DAX).”