Binance pay gaining serious traction in South Africa
Crypto payment service Binance Pay is rapidly gaining traction in South Africa, allowing its users to integrate digital assets into everyday transactions.
Binance told MyBroadband that South Africans have spent R29.8 million at Binance Pay...
I was scolling through Reddit and saw some users in some countries have a ccess to Crypto debit/credit cards. I tried looking at several exchanges and they don't offer it for South Africa.
Could this maybe change in the future? Can't see our government allowing it, or it will be heavily...
Trump pardons CZ
Binance co-founder Changpeng Zhao has received a pardon from Donald Trump, one of the biggest moves yet by the president to fully embrace the crypto industry and give legal reprieves to some of its most prominent people.
The move marks the latest act of clemency the White...
South Africa's favourite crypto coins
Blockchain and web3 software company Consensys has released the results of its second annual Web3 and Crypto Perception Survey, revealing that most connected South Africans have bought cryptocurrencies.
The survey further reveals that of the 97% of people...
CZ released from prison after 4 months
Binance founder Changpeng Zhao was released from a correctional facility in California on Friday after being held in federal custody for failures that allowed cybercriminals and terrorist groups to freely trade on the world’s largest cryptocurrency...
Bitcoin's price will jump over $80,000 by end of the year — Binance CEO
Bitcoin is set to continue its record-breaking rally and rise above $80,000 (R1.5 million) as institutional investors pour more money into the crypto-backed exchange-traded funds, according to Binance chief executive...
Binance sued for allowing Hamas to trade crypto
An American mother who was taken hostage by Hamas in Gaza and the relatives of two men killed following the terrorist group’s Oct. 7 attack, sued crypto giant Binance for allegedly facilitating the violence.
Judith Raanan, who was released with...
CZ cannot return to home in UAE — for now
Binance Holdings Ltd. co-founder Changpeng Zhao can’t return to his home in the United Arab Emirates for now, a federal judge in Seattle ruled.
US District Judge Richard Jones on Monday put on hold a ruling granting the billionaire’s request to return...
These are the major tasks ahead for new Binance CEO Richard Teng
Mollify 150 million potentially jittery users, placate belligerent US regulators and keep high-profile founder Changpeng Zhao onside. These are just some of the tasks for crypto exchange Binance’s new head Richard Teng.
Teng, 53...
Binance and CZ fined over R80 billion for failing to report terrorist transactions
Binance Holdings Ltd. and its chief executive officer Changpeng Zhao pleaded guilty to anti-money laundering and US sanctions violations under a sweeping settlement with the US that allows the cryptocurrency...
CZ has lost 38% of fortune in 2023
Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat.
The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year...
Binance lays off third of workforce — including US CEO
Binance.US chief executive officer Brian Shroder has left the crypto trading platform and been replaced on an interim basis by chief legal officer Norman Reed, according to a company spokesperson.
The departure comes as the company...
Binance and crypto billionaire founder will submit motions to dismiss CFTC lawsuit
Binance Holdings Ltd., its founder Changpeng Zhao and the crypto exchange’s former Chief Compliance Officer Samuel Lim plan to seek the dismissal of a Commodity Futures Trading Commission lawsuit.
The response...
CZ's potential successor
In mid-May, cryptocurrency exchange Binance got some bad news in a far-flung corner of its sprawling universe.
Binance’s payments partner in Australia had abruptly cut it off, meaning local customers couldn’t deposit Aussie dollars on the platform via bank transfer...
Cryptocurrencies drop as US files lawsuit against Binance
Cryptocurrencies slumped across the board after the US Securities and Exchange Commission accused Binance Holdings Ltd. of mishandling funds and lying to regulators.
In the lawsuit, the SEC also alleged that certain tokens — including...
Binance restores Bitcoin withdrawals after two halts
Binance restarted withdrawals of Bitcoin after citing congestion on the token’s blockchain for two halts in less than 12 hours, suspensions that weighed on cryptocurrency markets.
The company said higher fees have been applied to pending...
US investigating Binance for violating sanctions against Russia
The Justice Department is investigating whether Binance Holdings Ltd. was used illegally to let Russians skirt US sanctions and move money through the world’s biggest cryptocurrency exchange, according to people familiar with the...
Binance and CEO Zhao sued for allegedly breaking derivatives rules in the US
The US took its most forceful move yet on Monday to crack down on crypto exchange Binance Holdings Ltd. and its chief executive officer Changpeng Zhao.
The Commodity Futures Trading Commission alleged in federal court...
Top cryptocurrency exchanges in South Africa
South Africans looking to invest in or trade cryptocurrency will find plenty of well-established crypto exchanges at their disposal.
Despite what detractors say, Bitcoin and several other major coins have seen their values increase substantially...
Binance facing intensified US government scrutiny
US Senators representing both Democrats and Republicans are demanding that Binance and Binance.US provide a detailed accounting of their finances and efforts to maintain regulatory compliance, according to a letter signed by Senators Elizabeth...