Tag: binance

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Nigeria fined Binance $10 billion while investigating crypto exchanges

The Nigerian government has imposed a substantial fine of $10 billion on Binance as part of its efforts to stabilize the country’s local currency. Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu, disclosed this fine in an interview with the BBC, as reported by Premium Times on Friday. According to Onanuga, […]
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Binance and Gulf Energy collaborate to introduce cryptocurrency exchange services in Thailand

Gulf Binance, a collaborative effort between the global cryptocurrency exchange Binance and Thailand’s Gulf Innova, has officially inaugurated its exchange services within Thailand. On January 16, Binance TH declared that its exchange is now accessible to all eligible users, featuring a dedicated order book for trading pairs involving the Thai baht. Furthermore, the platform seamlessly […]
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Binance Launches New Domains for Indian Customers Amid Regulatory Challenges

In a bold move amidst regulatory challenges, Binance, a leading global cryptocurrency exchange, has announced the launch of two new URLs – binance.me and binance.info – specifically tailored for its Indian customer base. This initiative follows the Indian government’s recent measures to block foreign cryptocurrency exchanges, including Binance, due to non-compliance with anti-money laundering regulations. These […]
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India is considering limiting access to cryptocurrency exchange platforms including Binance and Kraken

The Financial Intelligence Unit, a government agency in India responsible for scrutinizing financial transactions, made an announcement on Thursday that it considers nine global cryptocurrency exchanges, including notable names like Binance, Bitstamp, Kraken, Kucoin, Gate.io, and Mexc, to be operating in violation of the country’s anti-money laundering regulations, characterizing their operations as “illegal.” As a […]
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