CryptoNews

Binance CEO Calls Crypto Drop a 'Tactical Retreat'—The Next Surge Could Be Explosive

February 27, 2025
Crypto’s recent downturn is a “tactical retreat, not a reversal,” Binance’s CEO said, pointing to strong institutional demand, resilient fundamentals, and past market recoveries. Binance CEO Breaks Down Crypto’s ‘Tactical Retreat’—Why It’s a Bullish Signal Binance CEO Richard Teng addressed recent market turbulence on social media platform X on Feb. 25, urging investors to…
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Binance: French Authorities Launch Investigation into Allegations

January 31, 2025
French authorities have launched a judicial investigation into Binance, one of the world’s largest cryptocurrency exchanges, over allegations of money laundering, tax fraud, and unauthorized financial operations. The Paris public prosecutor’s office confirmed that the probe spans from 2019 to 2024, focusing on potential illicit activities involving Binance’s platform. The investigation…
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Binance Warns of Fake Tokens Exploiting Its Name

November 21, 2024
Cryptocurrency exchange Binance warned its community on Monday about a surge in fraudulent tokens falsely claiming affiliation with the platform, spreading across social media. The company emphasized that these tokens are neither endorsed nor authorized by Binance…
CryptoNews

Binance Hit With $87 Million Tax Bill in India

August 7, 2024
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees charged to Indian customers. However, these earnings were…
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Binance Launches 'Send Cash' Remittance Services in Latam – Bitcoin News

September 1, 2023
Binance, the largest cryptocurrency exchange by volumes traded, has announced the launch of “Send Cash,” a Latam-focused remittance service. The newly launched tool will allow users in nine countries in the region to send crypto to bank accounts of friends or family in Argentina and Colombia directly, bypassing third-party intermediaries. Binance Seeks to Ease Remittances in Latam With ‘Send…
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