binance Archives - Cryptotimes Africa

News

REGULATION | U.S. Lawmakers Demand Release of Binance Official as Nigeria Announces Commencement of Tax Evasion Trial

by Crypto Oracle July 13, 2024

Local sources state that two US Congressmen have asked the US House of Representatives Committee on Foreign Affairs to release Tigran Gambaryan, the Head of Financial Crime Compliance at Binance, in a resolution they presented. The politicians, Reps. Rich McCormick of Georgia…

News

Introducing Binance: A Single Point of Contact for Trading and Subscribing to BRC-20 Inscription Tokens

by Crypto Oracle February 24, 2024

The biggest exchange in the world, Binance, has launched an in-app Inscriptions Marketplace that allows users to purchase Bitcoin BRC-20 tokens, such as ORDI ($ORDI). The Binance Inscriptions Marketplace functions as a "one-stop solution" incorporated inside the Binance Web3 Wallet, according to…

News

REGULATION | Allegations of Government Inattention Cause Binance to Stop Serving Users in Nigeria

by Crypto Oracle February 22, 2024

As the local Naira fluctuates, users of the Binance P2P service claim that the government is meddling with the site, making it impossible for them to finish their trades. On February 20, 2024, the value of the Naira plunged precipitously against the…

Coins News

Binance Introduces Discounts and Integrates Xai Mainnet

by Powel January 31, 2024

Binance, the world-renowned cryptocurrency exchange, has recently announced a promotional offer that is turning heads in the digital currency community. In a strategic move to enhance user experience on their platform, Binance Pay is offering a lucrative 15% discount on any purchase made…

News

Binance Unveils New Trading Pairs and Trading Bots

by Terry Kunle January 11, 2024

Binance, a global blockchain leader, announced new trading pairs and trading bot services for Binance Spot on January 5, 2024, at 11 AM, to improve users’ trading experiences and increase the range of trading options available on Binance Spot. At 8 AM (UTC), Binance…

Industry

2024, Europe May Adopt BRICS Currency

by 'Femi Michael December 31, 2023

The BRICS alliance, expanding with new members like Egypt, the UAE, and Saudi Arabia, sees its currency as a global alternative to the US dollar, with countries from Africa, Asia, Latin America, and Europe interested in reducing reliance on the US dollar.…

Article

How Nigeria stepped up its AI game in 2023

by 'Femi Michael December 30, 2023

In 2023, Nigeria embraced AI with initiatives like a national curriculum, strategy and scholarships. Here are the most significant innovations and crypto-related progress. There is no debating that 2023 was the year of artificial intelligence, with AI on everyone’s radar, including Africa’s…

Industry

Binance Withdraws License Application

by 'Femi Michael December 9, 2023

Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S. Cryptocurrency exchange Binance has withdrawn its bid for an investment management license in Abu Dhabi, having deemed it…

News

Binance Reimburses Traders Who Purchased AEUR Stablecoin During 200% Increase

by Crypto Oracle December 6, 2023

According to the company, Binance will reimburse customers who purchased the Euro-pegged AEUR stablecoin during a recent 200% increase. The company announced on Wednesday that it will develop a compensation plan for users who purchased the stablecoin following a nearly 200% increase…

News

Crypto Exchange | Binance sends leading authorities on financial crime to Africa to lead the first-ever law enforcement training

by Crypto Oracle December 4, 2023

The top cryptocurrency exchange in the world, Binance, has dispatched its top experts in cryptocurrency crime to help law enforcement agencies in Africa combat cybercrimes involving cryptocurrencies and blockchain technology. Former Europol investigators Nils Andersen Röed and Jarek Jakubcek were recently in…