Nigeria is actively seeking information from Binance regarding its top 100 users in the country and all transaction history spanning the past six months, according to a Financial Times report. This news overlaps with the revelation of the names of the two executives from the cryptocurrency exchange who were detained two weeks ago: Tigran Gambaryan, […]
Bitcoin hits highs, Binance launches a crypto perfume and Coachella partners with OpenSea
Welcome to TechCrunch Crypto, formerly known as Chain Reaction. To get a roundup of TechCrunch’s biggest and most important crypto stories delivered to your inbox every Thursday at 12 p.m. PT, subscribe here. Hello and welcome back to the TechCrunch Crypto newsletter. To start things off, here’s a shameless plug: I went on Yahoo Finance […]
Crypto users in Nigeria briefly lose access to Binance, Kraken and Coinbase
Some cryptocurrency exchanges in Nigeria faced accessibility issues for users, prompting speculation of imposed restrictions on crypto sites, the Financial Times reported. On Wednesday, local media reported that Nigeria’s telecom regulator, the Nigerian Communications Commission (NCC), received instructions from the country’s apex bank to suspend access to crypto websites, including Binance, Coinbase and Kraken. This […]
Google pulls Binance, other global crypto apps from India store
Google has pulled many crypto exchanges, including Binance and Kraken, from its Play Store in India, the latest blow to India’s already dwindling web3 dream. The ban comes two weeks after these global firms were flagged for operating “illegally” in the country. Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, late […]
Binance Obtains Regulatory Approval to Offer Crypto Products in Italy
Crypto exchange Binance has received regulatory approval from Italy’s financial regulator to operate as a cryptocurrency service provider in the country. “Clear and effective regulation is essential for mainstream adoption of cryptocurrencies,” said Binance CEO Changpeng Zhao. Binance Now Licensed in Italy Binance announced Friday that Binance Italy “has received regulatory approval” through registration as […]