Binance articles
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Binance India: Binance to restart operations in India as compliant FIU-registered entity
Binance, the world’s largest cryptocurrency exchange that was banned by the government in January, is poised to return to India by paying a penalty of about $2 million, people aware of the developments told ET. The crypto exchange will come back as an entity registered with the Financial Intelligence Unit (FIU) of the finance ministry, they added. FIU is tasked with oversight of trade in virtual digital assets (VDA). Binance will comply with all applicable laws, including the...
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Binance executive arraigned, remanded in Kuje prison
The Federal High Court in Abuja, on Monday, remanded an executive of Binance Holdings Limited, Tigran Gambaryan, in the Kuje Correctional Centre pending the determination of his bail application. Justice Emeka Nwite gave the order after Gambaryan pleaded not guilty to the money laundering charges preferred against him by the Economic and Financial Crimes Commission Read More
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Binance collaborating with Nigeria to resolve official’s detention — CEO
The CEO of cryptocurrency exchange, Binance, Richard Teng, yesterday said that the company is working very closely with Nigerian authorities following the detention of the company’s Head of Financial Crime Compliance.