At Davos 2025, Binance CEO shared that the platform saved users $1.75B in remittance fees through crypto transactions from 2022–2024. Highlighting a $26B remittance volume, Binance’s fee-free service offers financial relief, boosts inclusion, and aids underserved communities with cost-efficient solutions.
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Category: Binance
Binance Poland to Adjust Deposit and Withdrawal Procedures for EU Compliance
In response to evolving EU regulations, Binance Poland has announced updated procedures for cryptocurrency transactions. Users must provide detailed sender and beneficiary information for deposits and withdrawals. The new measures aim to enhance compliance and transparency in crypto operations.
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Binance Acquires Licensed Broker-Dealer in Brazil
Binance has acquired a licensed broker-dealer in Brazil, bolstering its regional presence. This strategic acquisition aligns with Binance’s ongoing efforts to strengthen compliance and operations in Latin America.
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Squid Game Tokens Inspired by Netflix Series Make Resurgence
Squid Game tokens, inspired by the hit South Korean Netflix series, may be making a comeback as the release of the second season captures global attention.
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Thailand Mulls Bitcoin Pilot Project, Binance to Endorse
Binance Thai arm has called for the Bank of Thailand’s oversight, emphasizing that the nation “must not be left behind.”
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Binance.US Plans to Resume USD Services by Early 2025
Binance.US aims to restore USD services by early 2025, anticipating a stronger outlook for digital assets in the US.
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Peanut the Squirrel’s Owner Sues Binance Over Alleged IP Infringement
Peanut the Squirrel’s owner has filed a lawsuit against global cryptocurrency exchange Binance, accusing the company of intellectual property infringement.
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Binance Leads with $21.6 Billion in Deposits in 2024, Outpacing Top 10 Exchanges Combined
Binance has solidified its position as the world’s leading cryptocurrency exchange, boasting $21.6 billion in customer deposits for 2024.
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Circle and Binance Partner to Boost USDC and Crypto Adoption
Stablecoin provider Circle and crypto exchange Binance have announced a new partnership aimed at expanding the adoption of the dollar-backed stablecoin USDC and digital asset adoption.
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Cambodia Blocks Access to Binance, Coinbase, and OKX in Crypto Market Crackdown
Cambodia has blocked access to 16 cryptocurrency exchange websites, including major platforms like Binance, Coinbase, and OKX, as part of its ongoing effort to regulate the digital asset market.
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