Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement.

Curve Token Climbs After Binance Labs Commits to $5M Investment The decentralized exchange, which suffered a $70 million hack last month, will also consider deploying to the BNB Chain.

Why Binance Is Abandoning Most of Europe Crypto firms only need regulatory approval in one EU nation under new regulations to serve the single market – but some states are more prepared to implement MiCA rules than others.

SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing.

Binance Receives License to Offer Bitcoin, Digital Asset Services in El Salvador The crypto exchange said it now holds licenses to operate in 18 countries.

Binance’s VC Arm Dominated Funding Rounds Last Week Even as Regulators Scrutinized the Crypto Exchange Binance Labs announced investments in four incubator projects and participated in a round for privacy infrastructure startup zkPass.

Binance Boosts First Digital’s Stablecoin With Zero Fees to Buy and Sell Bitcoin, Ether The crypto exchange listed the Hong Kong-regulated First Digital’s FDUSD stablecoin last week.

Binance Appoints New Compliance Officer as Regulatory Crackdown Intensifies The new position for Kristen Hecht comes as Binance is under scrutiny by multiple law enforcement agencies in the U.S. and abroad and could even face fraud charges.

First Mover Americas: Justice Department May Charge Binance With Fraud: Report The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Could Face U.S. Fraud Charges, but Prosecutors Worry About Risk of Bank Run: Semafor

CRV Gets Plunge Protection on Binance as Market Makers Add Bid-Side Liquidity Market makers stepped in to arrest CRV’s slide that threatened liquidation of a large CRV-collateralized crypto borrowing and market-wide contagion.

Binance’s Largest Market is China: WSJ China is Binance’s largest market, amounting to 20% of worldwide volume.

Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.

Binance Japan Starts Onboarding Users Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.

Binance’s Activities Are Illegal in Nigeria, Securities Regulator Says The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.

Binance Wins Operational License in Dubai Binance, the world’s largest cryptocurrency exchange, has won a licence to operate in Dubai after meeting pre-conditions set since receiving a preparatory licence in September 2022.

Crypto.com Trumps Binance, Securing Netherlands Registration as Larger Rival Withdraws The Netherlands, which has taken a tough line on rivals such as Binance and Coinbase, follows France, Dubai and the U.K. in recognizing the crypto exchange.

CFTC Overreached in Suing Binance, Crypto Exchange Says The U.S. Commodity Futures Trading Commission (CFTC) is reaching beyond its jurisdiction in trying to sue Binance, the global crypto exchange said in a motion to dismiss the regulator’s lawsuit against it.

Binance to Reenter Japan in August 2 Years After Regulator’s Warning Leading cryptocurrency exchange Binance will be launching its full service in Japan in August. The return was made possible by Binance’s purchase of regulated crypto exchange Sakura Exchange BitCoin last November.

Binance Withdraws German Crypto License Application The move follows reports had been rejected by financial regulators, and a pullback from markets including Austria, Belgium and the Netherlands