Tag: Binance

Binance Tightens Rules in South Africa

Key Notes South African users must provide sender/receiver details for crypto transfers. New rules apply to both deposits and withdrawals from April 30. Non-compliant users may face delays or transaction cancellations. Binance has announced that, starting April 30, South African users must follow stricter compliance rules and provide sender or receiver details for crypto deposits and withdrawals. In the announcement made on its website, Binance stated that the change aligns with local regulations set by South African authorities. As part of the update, users will be required to re-log into…

Binance tightens South African compliance rules for crypto transfers

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Binance is set to implement new compliance measures for South African users, requiring sender and receiver information for all crypto deposits and withdrawals. In an announcement on April 23, the largest exchange in terms of daily trading volume of cryptocurrencies said the move comes in response to local regulatory demands. Starting April 30, Binance users in South Africa will be prompted to provide additional information when transferring crypto. For deposits, users must disclose the sender’s full name, country of residence, and, if applicable, the name of the originating crypto exchange.…

Whale Deposits $14M SOL to Binance, Price Dip Ahead?

Key Notes A whale moved 100K SOL to Binance after 4 years, signaling possible profit-taking. SOL is currently trading around $140, showing resilience with a modest 0.5% daily gain. Analysts eye $114–$120 as a key accumulation zone. Solana SOL $140.4 24h volatility: 0.9% Market cap: $72.54 B Vol. 24h: $4.46 B has rebounded to trade around $140 after briefly plunging to $97 earlier this month. However, on-chain data suggests that several investors are booking their profits amid this recovery. On April 22, LookOnChain noted that a SOL whale, who had…

Solana Whale Takes Out $52.7 Million In SOL From Binance: Bullish Sign?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows a Solana whale has made a large withdrawal from Binance in the past day, a sign that could be bullish for SOL’s price. Solana Whale Has…

US judge transfers Binance lawsuit to Florida, citing first-to-file rule

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A US judge has granted Binance’s motion to transfer a case involving allegations it facilitated money laundering to the Southern District of Florida due to a similar case that had already been before the courts there. The case, filed in August 2024 in Washington, focused on the same core issue as a suit filed in June 2023 in Florida, accusing Binance of allowing cybercriminals to use the platform for money laundering, US District Judge Barbara Rothstein said in an April 21 order.  “Although the two complaints describe the proposed classes…

Low-Cap Altcoin Explodes After Crypto Exchange Binance Announces Perpetual Futures Listing

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A low-cap altcoin is up after the world’s top crypto exchange platform by volume announced the listing of perpetual futures for it. In a new announcement, Binance says it will launch support for Bitcoin (BTC) decentralized finance (DeFi)-focused platform Lorenzo Protocol (BANK) to Binance Futures. Binance’s announcement came on the same day as BANK’s official launch on the BNB Chain. News of the addition sent BANK flying as the digital asset went from a low of $0.03 on April 18th – its launch day – to a peak of $0.057…

Binance India Goes Full Compliance Mode With Re-Verification Mandate

Binance just ignited a compliance revolution in India’s crypto market, enforcing full KYC re-verification to tighten security, align with AML laws, and redefine user accountability. Binance Triggers Full KYC Lockdown in India Crypto exchange Binance announced a policy update on April 18 mandating know your customer (KYC) re-verification for all users in India, regardless of […] Source BitcoincryptoexchangeExchanges CryptoX Portal

62,181 Ethereum Moved from Galaxy Digital to Binance, What is Happening?

Key Notes Galaxy Digital moved 62,181 ETH, worth $99 million, to Binance. The $99 million transfers hint at possible sales or portfolio shifts. Panama City is among the key boosts for Ethereum in recent times amid the Galaxy uncertainty. Galaxy Digital, a major player in crypto investing, has moved 62,181 Ethereum, worth about $99.46 million, to exchanges like Binance over six days. This follows a pattern of large Ethereum transfers, raising questions about market moves and intentions. Large Ethereum Transfers Spark Questions The current data outlook shows that on April…

Binance held 36% CEX market share in Q1

Binance has maintained its position as the leading centralized exchange in Q1 2025, despite a wider market downturn and declining trading volumes. With a total trading volume of about $8.39 trillion, Binance accounted for 36.5% of the global CEX market share, according to TokenInsight’s Q1 exchanges report. This was a decrease from the $9.95 trillion volume in Q4 2024 in line with the general market trend. Because of the waning hype after Trump’s inauguration, overall cryptocurrency trading volumes dropped 12.5% during the quarter. Total spot trading volume across the top…

Binance Advising Governments on Establishing Crypto Reserves

Governments worldwide are racing to secure crypto dominance, turning to Binance for strategic guidance on digital reserves and regulatory blueprints as sovereign adoption accelerates. Nations Seek Binance’s Aid on Crypto Reserves Binance has begun advising governments on cryptocurrency regulation and national digital asset reserves, according to a report by the Financial Times, published April 17. […] Source CryptoX Portal