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Binance Granted Provisional Clearance to Run in Abu Dhabi

If compared in terms of trading volumes, Binance enjoys its position as the world’s largest crypto exchange. After seeking approval in Dubai and Bahrain, Binance is successful in getting in-principle approval to operate in Abu Dhabi. Binance has been granted provisional clearance to serve as a broker-dealer in digital assets, including cryptocurrencies, by the Abu…

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Central Bank of Bahrain Offers Operational License to Binance Exchange

With crypto emerging as a high-potential financial tool for investors, Binance is taking all the necessary steps to sustain its position as the leading brand in the sector. In a major development, the world’s largest cryptocurrency exchange has earned license approval from the central bank of Bahrain to start offering its trading services to fellow…

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Binance Looks Forward to Seeking An Operational License From Dubai Regulators

Hailing as one of the world’s largest crypto exchanges, Binance is all set to strengthen its presence in the Middle East with its new expansion plans focused on the region. In its recent report, citing a person related to the matter, Bloomberg reported that Binance Holdings Ltd. is holding strategic discussions with authorities to seek…

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Binance Invests in MX Global To Return to Malaysia

Thriving as one of the largest cryptocurrency exchange portals in the world, Binance has locked a strategic deal with MX Global that shines as a popular digital asset trading ecosystem. To support its expansion plans, Binance has made an equity investment in MX Global to hold a grip on the fast-developing crypto space in the…

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Binance is pursuing Thailand as the next location for crypto exchange expansion

Working as one of the world’s largest cryptocurrency exchange platforms, Binance is all set to mark its strong presence in Thailand with a strategic collaboration with Gulf Energy Development PCL. The integration will play a significant role in reinstating its powerful cluster of crypto tools and services for Thailand’s native crypto investors through its upcoming…

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Woo Network secures $12 million in a round led by Binance Labs

Taking pride in being a globally-acclaimed liquidity provider for DeFi space, Woo Network has announced to pool an additional capital of $12M in a Series A+ funding round organized by the entity. The funding round was led by Binance’s investment venture Binance Labs that aims to incubate high-potential projects looking for financial assistance in the…

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Binance gets approval from Bahrain and Canada

Leading cryptocurrency exchange Binance has successfully added yet another striking glory to its star-studded 2021 achievement list. The globally-acclaimed trading platform has earned an in-principle license approval from the Central Bank of Bahrain and Canadian regulators for offering crypto trading services to investors. With this, Binance will be offering access to its world-class trading experience…

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How decentralized exchanges and aggregators drive DeFi growth

  Decentralized exchanges (DEXs) are currently gaining a lot of attention, a part of Decentralized Finance (DeFi). The worldwide market capitalization of cryptocurrencies reached a new all-time high in 2021. In addition, new blockchain trends, such as Non-Fungible Tokens (NFTs), are propelling cryptocurrencies to the forefront of blockchain news.  DeFi is constantly garnering attention and…

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Binance Smart Chain: is the network a competitor to Ethereum

Binance Coin (BNB) – the native coin of the leading cryptocurrency exchange Binance and the blockchain network Binance Smart Chain (BSC) – since the beginning of 2021 has grown in value 17 times and took the third place in terms of capitalization, giving way only to Bitcoin and Ether. This rally is explained by the…

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DAY LONG NEWS ROUNDUP: LATEST NEWS 20/10/21

Stay updated on the latest developments taking place in the world of crypto and blockchain as we bring you the top headlines from 20/10/21. Galaxy Interactive Raises $325 Million For Developing Metaverse and Next Gen Games Galaxy Interactive, which is a venture capital firm focused on the next generation of  interactive technologies, recently declared that…