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XRP and Cardano Still Missing as Binance Web3 Wallet Now Supports Bitcoin and Dogecoin – The Crypto Basic

The largest crypto trading platform, Binance, has now added support for five blockchain networks in its Binance Web3 Wallet service.

First Mover Americas: Binance Withdraws an Abu Dhabi License Application – CoinDesk

Cryptocurrency exchange Binance withdrew its bid for an investment-management license in Abu Dhabi, deeming it unnecessary to the company's "global needs." The exchange still has an application to offer custody of digital assets to professional clients. "When assessing our global licensing needs, we decided this application was not necessary," a Binance spokesperson said in an emailed statement. Binance is licensed in Dubai, and that is the company's Middle East and North Africa headquarters, CEO Richard Teng said in an interview for a Financial Times conference on Tuesday

How does the crypto market benefit from Binance’s turbulent November? – Cointelegraph

November turns out to be a tumultuous month for the crypto industry. In November 2022, FTX, once the second-largest crypto exchange, collapsed dramatically, extending the bearish pressure amid a multi-month crypto winter

Binance is the Official Gold Sponsor of Taipei Blockchain Week 2023 – PR Newswire

TAIPEI, Dec. 8, 2023 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is pleased to announce that it is the official Gold Sponsor of Taipei Blockchain Week 2023. This community-hosted event has been highly anticipated, and will bring together over 5000 individuals within the crypto, blockchain and Web3 industry from Taiwan and beyond

Binance withdraws application to manage Abu Dhabi investment fund: report – The Block – Crypto News

Legal December 7, 2023, 4:25PM EST Published 1 minute earlier on Binance, the world's largest crypto exchange, decided not to pursue a license to operate a collective investment fund in Abu Dhabi, according to a report. Binance's entity in the UAE, called BV Investment Management, withdrew the application it filed last November with Abu Dhabi's Financial Services Regulatory Authority

Ex-CEO of Binance ‘Is a Flight Risk’: Must Stay in the US until Sentencing – Finance Magnates

Changpeng Zhao, the Founder and former CEO of Binance, must stay in the United States until his sentencing is scheduled in February, a US federal judge ruled on Thursday. This decision overruled Zhao's previous bail agreement that would have allowed him to visit his UAE residency but requires him to return to the US two weeks before his sentencing. The ruling came only a day after the court accepted Zhao's guilty plea for violating one count of Bank Secrecy Act violation

Important Binance Update That Concerns Cardano (ADA) and Dogecoin (DOGE) Traders – CryptoPotato

TL;DR The worlds largest cryptocurrency exchange by trading volume Binance disclosed some amendments surrounding its Margin offerings. Specifically, the marketplaceaddedPIVX (PIVX) as a new borrowable digital asset on Cross Margin and Isolated Margin. The tokens price reacted positively to the news, spiking by 15% and briefly surpassing the $0.40 mark (per CoinGeckos data).

Former Binance CEO Changpeng Zhao Flight Risk? Ordered to Stay in US as Judge Reverses Decision – CCN.com

Changpeng Zhao must remain in the U.S. until his sentencing | Credit: Getty Images Key Takeaways On November 21, CZ Zhao, ex-CEO of Binance, entered a guilty plea for not upholding an adequate anti-money laundering program at Binance.

Binance’s Changpeng Zhao barred from leaving U.S. ahead of sentencing – crypto.news

A federal judge ruled on Dec. 9 that Changpeng Zhao must remain in the U.S. until his sentencing on criminal charges related to anti-money laundering violations

Binance Withdraws Application for Abu Dhabi License, Reassessing Compliance Needs – Cryptonews

Source: Pixabay / satheeshsankaran Binance has officially withdrawn its application for a financial license in Abu Dhabi, according to Reuters.