Category: Binance

Indian tax authorities have launched an investigation into over 400 high-net-worth traders using Binance, suspecting large-scale crypto tax evasion.
The post India Probes 400 Binance Traders for Alleged Crypto Tax Evasion: Report appeared first on Cryptonews. …

Trump has considered a pardon for Binance founder CZ following his four-month sentence, with White House discussions split over the potential political and legal consequences of such a move.
The post Trump Weighs Binance Founder CZ Pardon as White House Fears Backlash: Report appeared first on Cryptonews. …

BNB Chain’s memecoin rally has sharply reversed, with tokens falling as much as 95% after CZ clarified his posts are not trading endorsements, triggering a massive market sell-off.
The post BNB Meme Coins Crash Up to 95% After CZ Dismisses ‘Endorsement’ Claims appeared first on Cryptonews. …

Binance Smart Chain tokens pulled back Thursday, with BNB down 3.4% and meme coins Binance Life and PALU plunging 9.5% and 35% respectively.
The post Binance Smart Chain (BSC) Ecosystem Faces Pullback, BNB Falls Almost 4% appeared first on Cryptonews. …

Binance has launched Crypto-as-a-Service for banks and brokerages, providing trading, custody, settlement, and compliance tools. The pilot has opened on September 30 with early access, while broader availability has been planned for later this year.
The post Binance Rolls Out Crypto-as-a-Service – Internalized Trading, Custody, Compliance appeared first on Cryptonews. …

BNB Chain validators proposed slashing gas fees by 50% from 0.1 Gwei to 0.05 Gwei while accelerating block speeds from 750 to 450 milliseconds to maintain competitiveness against Solana and Base, reducing average transaction costs to approximately $0.005.
The post BNB Chain Validators Propose Cutting Gas Fees in Half – Will BNB Price Explode Next? appeared first on Cryptonews. …

Senator Elizabeth Warren is demanding answers on the nature of Binance’s state of compliance in the U.S., a new letter from Warren and other Democratic senators to Attorney General Pam Bondi published this week reveals.Elizabeth Warren & Senate Colleagues Push For AnswersAccording to the September 17 letter, Senators Mazie Hirono (D-HI), Richard Blumenthal (D-CT), and […]
The post Elizabeth Warren, Top Democratic Senators Demand Answers On Binance’s Compliance Status appeared first on Cryptonews. …

Binance is moving toward a potential deal with the U.S. Justice Department that would allow the world’s largest crypto exchange to drop a key oversight requirement from its $4.3 billion settlement for money laundering violations, with federal prosecutors discussing ending the requirement for an outside compliance monitor.
The post Binance Close to Breaking Free from DOJ Oversight, Negotiating End to $4.3B Settlement Monitoring Clause appeared first on Cryptonews. …

Stablecoin reserves on centralized crypto exchanges have reached an all-time high, climbing to $68 billion in early September, accoridng to latest data from CryptoQuant.
The post Stablecoin Reserves on Exchanges Hit Record $68B as Binance Commands 67%: CryptoQuant appeared first on Cryptonews. …

Tether, alongside Chainalysis, Binance, OKX, and authorities, has frozen $50M USDT traced to pig butchering scams. The case reflects expanding global cooperation against cross-border crypto fraud and illicit financial activity.
The post Tether Freezes $49.6M in ‘Pig Butchering’ Funds – Chainalysis, Binance, OKX Join APAC Crackdown appeared first on Cryptonews. …