Topic: #binance
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Binance to delist 22 tokens and restrict eight services for users in Brazil
Binance will halt trading in 22 tokens and restrict eight products, including Binance Loans and margin trading, for Brazilian users from Oct. 27, U.Today reported. Customers outside Brazil aren't affected.
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Binance's CZ responds to Vitalik Buterin's AI security warning, U.Today reports
Binance founder Changpeng Zhao responded to Vitalik Buterin's warning about AI-enhanced risks to crypto security, U.Today reported. Neither founder has announced a partnership or any plan to work together.
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US spot XRP ETFs hold $1.7 billion as weekly net inflows slow to $3.9 million
Five US spot XRP ETFs held an estimated $1.7 billion at the Oct. 6 close, Maketo data shows, but weekly net inflows were only about $3.9 million as Franklin and Canary saw outflows.
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Binance weekly BTC outflow hits highest since June 2023 as whales deposit stablecoins
Binance saw a net outflow of 23,137 BTC in the week through Sept. 27, its biggest since June 2023, per CryptoQuant data, while whale stablecoin inflows to the exchange rose 40% since mid-August.
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Binance to block some Brazil crypto transfers lacking required details from Nov. 1
Binance will require Brazilian users to disclose the purpose and counterparty of international crypto transfers from Nov. 1. According to U.Today, withdrawals that lack this data will be blocked, and incoming funds may be frozen.
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Binance to require Brazil users to disclose purpose of cross-border crypto transfers
Starting Nov. 1, Binance will ask Brazilian users to state the purpose and counterparty type of international crypto transfers. Withdrawals stay blocked, and deposits can be held, until users answer.
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XRP open interest on Binance falls 15.3% from six-month high, CryptoQuant data shows
Open interest in XRP derivatives on Binance has fallen 15.3% from its six-month high, according to CryptoQuant data, as traders trimmed leverage on perpetuals and open interest settled near $485 million on October 1.
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Binance's use of MiCA exemption draws EU regulator scrutiny, FT reports
ESMA and regulators in France, Germany and Greece are examining Binance's use of MiCA's reverse solicitation exemption, the FT reported. Separately, ESMA wants stronger powers over non-EU crypto firms.
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Binance Pay links USDT wallets to PayPay merchants in Japan via HIVEX
Binance Pay has partnered with TBCASoft's HIVEX network so eligible overseas users can pay with USDT at PayPay merchants across Japan. Merchants get paid in yen, Crypto Briefing reported.
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Binance Pay opens USDT spending at PayPay merchants in Japan via HIVEX
Binance Pay said eligible overseas visitors to Japan can spend USDT at most PayPay-supported merchants starting Wednesday, with payments routed through HIVEX and merchants still settled in yen.
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Binance delists seven spot pairs including Litecoin and Sui on August 21
Binance announced the delisting of seven spot trading pairs, including LTC/BNB and SUI/BNB, effective August 21 at 03:00 UTC. The exchange cited periodic assessment and the need to protect users and maintain market quality.
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Binance commands 35% of crypto exchange TradFi perpetuals market
Binance captured over one-third of open interest in TradFi perpetual contracts, with total market volume exceeding $2 billion. The exchange launched gold and silver perpetuals in January and has expanded into equities, signaling deeper integration between crypto and traditional finance markets.
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BitMEX shuts down Sept. 23; reduce-only trading starts Aug. 26
BitMEX announced its closure on July 23 with a two-month wind-down window. Starting Aug. 26, users can only reduce positions, and any contracts still open on Sept. 23 will be force-closed.
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Binance.US CEO targets 20% market share as exchange exits regulatory hibernation
Binance.US CEO Stephen Gregory says the exchange is rebuilding after two years of regulatory headwinds, betting on lower fees and expanded products to compete with Coinbase and Kraken for U.S. customers.
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Binance Founder CZ Clears Meme Coin Rumors After $1.6M Spam Token Burn
Changpeng Zhao denied supporting meme coins on BNB Chain, explaining that recent large transfers from his wallet were routine cleanups of spam tokens sent by third-party projects over years.
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BNB Chain targets 1M TPS with AI agents as token hits 2024 lows
BNB Chain is overhauling its architecture to process 1 million transactions per second and integrate protocol-level privacy, targeting traditional finance and autonomous AI agents. The pivot comes as BNB token has fallen more than 35% this year to $563, its lowest since October 2024.
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Binance suspends EU services after missing MiCA license deadline
Binance notified European Union users it will suspend services and stop accepting new registrations because it failed to obtain a MiCA license by the July 1 regulatory deadline. The exchange withdrew its Greece application and plans to seek authorization in France instead.
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Binance restricts EU services July 1 after failing to secure MiCA authorization
Binance will halt onboarding of new EU users and limit certain services starting July 1 under MiCA rules after failing to gain authorization from a member state. Existing users can withdraw assets and manage positions.
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Tokenized SpaceX shares collapse as platforms fail to secure assets
Crypto platforms including Binance Wallet and Bybit promoted tokenized SpaceX shares that drew over $1 billion in demand, but withdrew offerings after being unable to obtain the necessary underlying shares to back the tokens, triggering refunds to investors.
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Binance shuts down NFT marketplace, migrates users to Binance Wallet
Binance is sunsetting its NFT marketplace and moving users to Binance Wallet, giving holders until July 3, 2026 to withdraw assets or face loss of access. The exchange is offering fee reimbursements to incentivize migration.
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Binance returns to Philippines via BlockShoals SEC sandbox partnership
Binance has partnered with BlockShoals Technologies to re-enter the Philippines market through the SEC's Strategic Sandbox framework, providing technology and compliance support while BlockShoals operates as the approved local intermediary.