Tag: Binance

Binance US Relaunch Won’t Happen Anytime Soon, Confirms Executive

Key Notes Binance executive highlighted the crypto-friendly stance of the Trump administration, noting eased regulatory pressures. McWhirter also dispelled rumors of a potential relaunch or deal involving the Trump family. Despite handling $20 billion in daily trading volume, Binance has yet to finalize an official headquarters . Binance US relaunch won’t happen anytime soon, confirmed Steven McWhirter, Binance’s global policy lead. He explained that it’s still too early to discuss the company’s potential return to the U.S. market. A recent WSJ report last week stirred discussion that founder Changpeng Zhao (CZ)…

Binance Recognized by Singapore Police for Fighting Cybercrime

Binance just earned major recognition from Singapore’s police for its fight against cybercrime, standing alongside tech giants like Google and Microsoft. Binance Honored by Singapore Police for Cybercrime Prevention Binance announced on March 19 that it has been recognized by the Singapore Police Force (SPF) for its contributions to cybercrime prevention. The cryptocurrency exchange received […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Binance CEO reiterates denial of Trump family deal talks

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Binance CEO Richard Teng denied reports that Binance.US was in deal talks with entities affiliated with US President Donald Trump during a March 18 panel at Blockworks’ 2025 Digital Asset Summit in New York. Teng’s statement reiterated the position taken by Binance’s founder, Changpeng “CZ” Zhao, and Trump, both of whom denied the story last week. On March 13, The Wall Street Journal reported that Binance.US, an independently-operated US cryptocurrency exchange, was discussing selling an equity interest to Trump-affiliated business entities, including a possible deal with World Liberty Financial, the…

Binance Founder Refutes WSJ Reports of Trump Plans To Buy Stake in US Arm of the World’s Largest Crypto Exchange

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Former Binance CEO Changpeng Zhao is pushing back on a Wall Street Journal report that Donald Trump has held talks with Binance to buy a stake in Binance.US. Earlier today, the WSJ reported that the Binance founder “pushed” for the Trump administration to pardon him for his 2023 guilty plea for violating US anti-money laundering requirements. CZ was released from prison last October after serving a four-month sentence. After today’s report, Zhao took to the social media platform X to deny the journal’s claims. “Sorry to disappoint. The WSJ article…

Trump family held talks with Binance for stake in crypto exchange — Report

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Representatives of US President Donald Trump’s family have reportedly held talks with Binance about potentially acquiring a stake in the crypto exchange. Binance reached out to Trump’s family representatives in 2024, offering to strike a business deal as part of a plan to resume Binance.US operations in the country, The Wall Street Journal reported on March 13. Citing sources familiar with the matter, the report mentioned that Binance’s billionaire founder Changpeng Zhao — who served four months in prison in the US — has been pushing for the Trump administration…

Binance introduces review mechanism to remove unqualified tokens

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Binance announced on March 12 that its Alpha platform has implemented a new comprehensive token review framework that will aim to remove tokens that don’t meet certain quantitative and qualitative criteria. The quantitative metrics include trading volume stability, liquidity depth, frequency of onchain transactions and distribution of tokenholders. The qualitative metrics include project team credibility, adherence to regulatory compliance, community popularity and more. Tokens that don’t meet these standards will be removed from Binance Alpha, the announcement said. Binance Alpha is a platform within the company’s Wallet service that highlights…

Binance Secures Historic $2 Billion Crypto Investment From Abu Dhabi’s MGX

Abu Dhabi-based MGX has invested $2 billion in Binance, marking the largest institutional investment ever in a crypto company and the largest ever paid in stablecoins. The deal cements Binance’s dominance and signals growing institutional faith in blockchain’s future. MGX Enters Crypto with Record-Breaking $2 Billion Stake in Binance Binance, the world’s largest crypto exchange […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin whales hint at $80K ‘market rebound’ as Binance inflows cool

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Bitcoin whales are back buying BTC while “panic” is keeping smaller investors away, according to new research. Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin (BTC) at $80,000 is proving attractive for large-volume investors, or at least a poor value selling proposition for those wishing to exit the market. In a “Quicktake” blog post on March 12, CryptoQuant contributor Darkfost revealed that the proportion of the top 10 largest inflows to Binance attributed to whales has declined. “Monitoring whale…

Binance announces community voting mechanism for token listings

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Binance, the world’s largest centralized exchange, has announced a community co-governance structure that allows Binance users to vote to list or delist tokens on the platform. According to the announcement, Binance will select projects which the community can vote on. Tokens that receive the most votes will be listed on Binance following due diligence from the centralized exchange company. Projects that fail to provide regular progress updates or necessary token information, engage in malfeasance, or have inactive developer teams and communities will be placed in the platform’s “monitoring zone.” Once…