Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career. Cristiano Ronaldo will continue his Web3 foray by launching a new nonfungible token (NFT) collection with Binance commemorating his path from humble beginnings to football stardom. The collection, dubbed “Forever Worldwide: The Road to Saudi…
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Gambaryan’s lawyer, Chukwuka Ikuazom, objected, citing Nigerian law, stating he couldn’t plead until Binance, the primary defendant, was served. The tax evasion trial in a Nigerian court involving cryptocurrency exchange Binance and two of its executives has been adjourned to May 17. This delay occurred because the exchange had not yet been formally served with…
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Key Points: Binance will return to India, pay a $2 million fine, and comply with regulations. Previous non-compliance led to a ban, impacting the Indian crypto market. The re-entry of Binance in India is expected to shake up Indian market dynamics amid the crypto boom. Binance, a major cryptocurrency exchange, is gearing up to re-enter…
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Key Points: Binance tightens KYC standards for users under its Binance Link Program, effective March 20, 2024. Sub-account holders failing to meet Binance KYC requirements risk full account restrictions by May 20, 2024. Exchange Link account holders must ensure compliance and provide necessary user information, with Binance communicating solely through them. Binance, one of the…
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Key Points: Binance executive sues Nigeria’s NSA and EFCC over human rights violations. The Nigerian government charges Binance with tax evasion amidst currency impact concerns. Legal proceedings are adjourned as executives seek release; the digital asset community demands freedom. Detained Binance executive Tigran Gambaryan has taken legal action against Nigeria’s National Security Adviser (NSA) and…
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According to local crypto stakeholder Nathaniel Luz, Nigeria’s crypto ecosystem will see the rise of new crypto exchanges that will fill the vacuum created by Binance’s exit. Local cryptocurrency stakeholders have lamented the current ban on Binance naira operations in Nigeria, stating it will affect the livelihoods of many Nigerians and could increase youth unemployment…
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The committee’s Chair, Ginger Onwusibe, warned that if Binance ignores the summons, the committee will exercise its constitutional authority and take necessary actions. The Nigerian House of Representatives Committee on Financial Crimes has called Binance CEO Richard Teng to appear before the committee over suspicions of terrorism financing and money laundering. According to a local…
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Binance urged users to convert and redeem their tokens into other assets before the deadline. Crypto exchange Binance has said it will cease support for some of its leveraged tokens linked to Bitcoin and BNB Binance announced the decision to end support for leveraged tokens paired with Tether on Feb. 19. The leveraged tokens affected include BTCUP and…
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Key Points: Binance to list Starknet (STRK) on February 20, 2024. Starknet Foundation launches event, distributing 40 million STRK. Starknet schedules airdrop of 728 million tokens for February 20. Binance lists Starknet (STRK) on Feb 20, 2024. The Starknet Foundation will distribute 40M STRK to DeFi protocols over 6-8 months. Binance has announced the listing…
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Central issues: MAS adds imToken to its Financial backer Alarm Rundown, reflecting 2021 activity against Binance. Investigate the implications of the evolving crypto regulatory landscape for non-custodial wallets. The global shift in crypto jurisdiction preferences is demonstrated by Binance’s move to Dubai. Financial Power of Singapore MAS added the non-custodial wallet imToken to its Financial…
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