Binance withdraws Abu Dhabi licence application

Binance withdraws Abu Dhabi licence application

The licence would have allowed the crypto exchange firm to manage a collective investment fund

Daily Insider: Hard times for crypto as Zhao drama bites

The exit of CZ from Binance and his subsequent legal troubles in the US is just another unsurprising drama enveloping the controversial world of cryptocurrencies.

Binance’s $956m exodus: CZ exit sparks outflows

Crypto currency exchange Binance has seen almost $1bn in outflows after Changpeng Zhao stepped down to settle a US probe.

Binance CEO Changpeng Zhao pleads-guilty-ot-money-laundering-charges-GettyImages 1239957173.jpg

Binance CEO Zhao quits, pleads guilty to money laundering

Zhao, who was born in China and moved to Canada at the age of 12, pleaded guilty in a Seattle court on Tuesday afternoon

Abu Dhabi Grand Prix Alpine F1 Helmet Design

Abu Dhabi Grand Prix: Binance, Alpine F1 launch helmet design contest

The contest is open to all existing and new Binance users as well as F1 enthusiasts worldwide

Binance Bahrain

Binance launches crypto futures in Bahrain

Binance Bahrain BSC is the first regulated exchange in the region to offer these services and the only exchange with a CAT4 licence


Insights: Crypto silver linings to build up in 2023

Focusing on engaging with regulators and policymakers to ensure secure and sustainable growth of the crypto ecosystem is key


Binance CEO says customer funds fully backed on crypto exchange

Digital asset platforms are facing a crisis in investor confidence following the collapse of FTX exchange

Changpeng Zhao, founder and CEO of Binance,

Binance CEO Zhao seeks Middle East cash for crypto recovery fund

Details on the size of the fund and the projects to support are still not decided and it’s likely several weeks before the vehicle takes off


Binance receives licence from Abu Dhabi regulator

The permission will enable Binance to provide custody to professional clients, provided they meet the conditions of the FSP as outlined by FSRA


How Binance and FTX sent shockwaves through the crypto world

Binance Holdings is now set to acquire FTX.com in what would be a radical consolidation of power in the crypto world

Binance growth rate in MENA

Binance sees 49% YTD rise in new users in MENA region 

Binance recently obtained a minimal viable product license from Dubai’s Virtual Asset Regulatory Authority to offer approved virtual asset-related services

Changpeng Zhao, founder and CEO of Binance,

Binance secures MVP licence from Dubai’s Virtual Assets Regulatory Authority

The licence is an important milestone that follows a number of registrations for Binance’s local entities in the MENA region and across Europe in Italy, France and Spain


Nigeria, Binance in talks for digital city to develop blockchain

Nigeria is targetting digital technology as a means to help diversify the economy away from crude oil


Binance resumes Bitcoin withdrawals after temporary halt

The transactions were stuck because they were submitted to the exchange with low transaction fees

Binance Web3

UAE’s Majid Al Futtaim and Binance partner to unlock Web3 capabilities

Agreement will see Majid Al Futtaim and Binance work jointly on non-fungible tokens and crypto payments with Binance Pay


Dubai’s Museum of the Future partners with Binance to issue NFTs

The Museum of the Future intends to develop assets within the fields of NFTs, cryptocurrencies and the blockchain

EX Sports Binance NFT

EX Sports, Binance NFT to launch unique Urbanball NFT collection

The ‘Mystery Box Collection’ is scheduled to go live at 3pm on May 3, 2022

Binance receives in-principle approval from Abu Dhabi Global Market

Upon completion of the application, Binance will be able to offer services regarding virtual asset offerings to customers across the MENA region

Binance secures licence by Dubai’s Virtual Asset Regulatory Authority

The company will be allowed to offer limited exchange products and services to pre-qualified investors and professional financial service providers

Bahrain’s Central Bank issues operating licence to Binance

Bahrain is the first GCC country to issue regulatory approvals to the blockchain and cryptocurrency infrastructure provider

Binance gets in-principle approval in Bahrain to provide crypto services

Bahrain has been one of the Middle East’s early adopters in the digital assets space

UAE looks to attract Asian firms to bolster crypto sector

The UAE has intensified its push to adopt the use of blockchain in recent years

Binance planning to tie up with Dubai for crypto activities – report

Dubai is reportedly being regarded as an option for the company’s global headquarters