Bitcoin struggles to reclaim $70,000 ahead of the US election, but analysts agree that volatility will be present before and after the election result is announced.
Binance news
According to Binance, 98% of applications sent to the exchange for new token listings never receive a reply from the company.
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers.
Developing crypto regulations, along with a political shift toward cryptocurrencies, is a “very positive direction” for the industry, according to Changpeng Zhao.
The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains.
Bitcoin is showing strength by holding tight to the $68,000 level, but a run to new all-time highs will require one key component.
Binance has integrated the revived Binance Connect service more tightly into its ecosystem.
Announcing the withdrawal of the charges, the EFCC lawyer reportedly said that Tigran Gambaryan was merely an employee of Binance.
Binance’s falling market share could present a significant opportunity for smaller rivals like Bybit and OKX.
While MiCA is seen as a net positive for stablecoin regulation, it introduces consolidation concerns, especially among small crypto firms.