Binance | CoinDesk

Crypto Needs Centralized Systems to Integrate With Traditional Finance, Binance CEO Says

Centralized systems are required to bring money into crypto from mainstream finance and to provide an exit route.

By Jamie CrawleyDec 31, 2021

The regulator’s statement on Thursday comes after Binance said on Wednesday it had worked with regulators to ensure continued operations.

The crypto exchange originally told its users in Canada’s most populous province they would need to close their accounts by Dec. 31.

Bahrain’s “in principle” approval still requires the crypto exchange to complete the application process for a license from the central bank.

By Amitoj SinghDec 27, 2021

Starting Thursday, Binance will burn its BNB tokens continuously instead of once a quarter.

By Shaurya MalwaDec 23, 2021

Changpeng Zhao described CBDCs as an “additional option” and warned central banks against their “walled-garden” approach.

By Jamie CrawleyDec 21, 2021

The cross-chain bridge builder will use the funds to research crypto algorithms.

By Eliza GkritsiDec 21, 2021

Binance will provide infrastructure and support for the new exchange.

U.K. users have until February to confirm if they are private investors or be blocked from accessing futures, margin, leveraged tokens and more.

Binance has already set up an entity for a global headquarters, the exchange’s CEO Changpeng “CZ” Zhao said.