Binance announced on Friday that its stablecoin has been given the nod by the financial regulatory body in New York. With this development, the final barrier to the use of the currency by financial institutions has been removed.
Ongoing developments in the cryptocurrency space have made this industry more appealing to investors. Finding the hidden gems in the space can give users a chance to unlock tremendous profit potential. Interoperability is the next big trend worth keeping an eye on.
Binance Futures has long been looking for ways to expand to the U.S. Now it may acquire a licensed firm to ensure conducting futures trading there.
Representing the latest addition to the Binance growth outreach, Binance Australia will provide the entire features that are available on the main Binance platform.
Binance Card is expected to become a game-changer in the crypto industry. Users in Europe will be able to get it starting from August, while in the UK it will become available a little bit later.
Being among the leading largest crypto exchanges in the world, Binance with no doubt has its influence in the digital asset market that cannot be ignored. And its latest upgrade is an important milestone for the industry.
In order to process transactions, Binance has partnered with Clear Junction, a British provider of payment infrastructure services. To benefit from SEPA and FPS, Binance users have to complete identity and address verification.
Binance Smart Chain will run parallel to the company’s existing Binance Chain. But in comparison with BC, it brings numerous features to the Binance ecosystem, the main of which is the support of smart contracts.
Binance buying Coinmarketcap seems to be just the tip of the iceberg. Something is rotten in the cryptocurrency industry, and it has been this way for some time now.
In this crypto digest, we will take a look at some of the most important news from crypto exchanges that came out during last month.
Check the latest news on Binance and Binance Coin (BNB) with our Binance news section.