Binance secures Dubai crypto license after CZ steps down

Binance has been granted a comprehensive cryptocurrency license in Dubai, according to CEO Richard Teng in a recent interview. This authorization enables Binance FZE, the local subsidiary of Binance in Dubai, to extend its exchange services to institutional investors, accredited investors, and the general public. Prior to mid-2023, Binance FZE functioned with Interim Operational MVP … Read more

Binance Set For India Return As FIU-Registered Entity

Significant news: Binance is coming back to India as a legally registered business with the country’s Financial Intelligence Unit under the Finance Ministry. In January, the Indian government put a stop to the operations of the globe’s biggest cryptocurrency trading platform. However, they have since pledged to comply with all applicable laws, such as the … Read more

Binance CEO discusses stablecoin regulation and detained executive at Token2049

During Token2049, Binance CEO Richard Teng discussed significant matters in the cryptocurrency industry. He put emphasis on the need for regulating stablecoins and addressed the intricate situation involving a Binance executive being held in detention in Nigeria. At the Token2049 conference in Dubai on April 18, Richard Teng, Binance CEO, led a discussion on cryptocurrency … Read more

Polkadot Price Analysis: DOT Faces Heavy Resistance At $7

Over the last several days, Polkadot‘s price has experienced a noticeable decline. Fortunately, it has encountered crucial buying interest around the $6 threshold. At present, its value hovers around $6.54. During the past week, DOT‘s value hasn’t advanced and has stayed under the significant $7 threshold. The cryptocurrency’s price fluctuations have been minimal. Polkadot (DOT) … Read more

EY Automates Contracts Using ZK-Proofs on Ethereum

Ernst & Young, one of the major accounting firms, has unveiled a novel solution named EY OpsChain Contract Manager (OCM), which leverages Ethereum technology. This instrument aims to simplify the contract management process for private enterprises, particularly when dealing with intricate agreements. Using Ethereum’s blockchain, EY intends to maintain the confidentiality and ensure a fair … Read more