Binance

Binance Pilots Banking Triparty Agreement to Help Institutional Investors to Manage Counterparty Exposure

Retrieved on: 
Thursday, November 30, 2023
Treasury, United States Treasury security, VIP, Orangi Pilot Project, Cryptocurrency, Binance

DUBAI, UAE, Nov. 30, 2023 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is pleased to announce it has successfully executed the world's first cryptocurrency triparty arrangement with a third party banking partner.

Key Points: 
  • This solution enables institutional investors to keep trading collateral, off-exchange in the custody of a third party banking partner.
  • This arrangement directly tackles the issue of counterparty risk, the primary concern for institutional investors today.
  • Catherine Chen, Head of VIP and Institutional at Binance, said, "Counterparty risk has long been a concern of institutional investors across the industry.
  • We are in close discussions with an array of banking partners and institutional investors who have also expressed strong interest in participating."

Binance Pilots Banking Triparty Agreement to Help Institutional Investors to Manage Counterparty Exposure

Retrieved on: 
Thursday, November 30, 2023
Treasury, United States Treasury security, VIP, Orangi Pilot Project, Cryptocurrency, Binance

DUBAI, UAE, Nov. 30, 2023 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is pleased to announce it has successfully executed the world's first cryptocurrency triparty arrangement with a third party banking partner.

Key Points: 
  • This solution enables institutional investors to keep trading collateral, off-exchange in the custody of a third party banking partner.
  • This arrangement directly tackles the issue of counterparty risk, the primary concern for institutional investors today.
  • Catherine Chen, Head of VIP and Institutional at Binance, said, "Counterparty risk has long been a concern of institutional investors across the industry.
  • We are in close discussions with an array of banking partners and institutional investors who have also expressed strong interest in participating."

Binance Debuts 'Crypto Is Better' Content Series Highlighting User Journeys

Retrieved on: 
Thursday, November 30, 2023
Crypto, Use, Multimedia, Ecosystem, Cryptocurrency, Binance

Through a series of short films, people will get a look into the personal journeys of these Binance users across regions including Asia, Africa, the Middle East, Europe, and Latin America.

Key Points: 
  • Through a series of short films, people will get a look into the personal journeys of these Binance users across regions including Asia, Africa, the Middle East, Europe, and Latin America.
  • Their real-life stories take people inside the unique ways in which they have leveraged the power of crypto and Web3.
  • "This series is part of our continuous effort to spotlight the use cases that define how Binance products and services support people today.
  • Billions of people are yet to explore this space and content series like this one help amplify the empowering nature of crypto for everyone."

Binance Debuts 'Crypto Is Better' Content Series Highlighting User Journeys

Retrieved on: 
Thursday, November 30, 2023
Crypto, Use, Ecosystem, Cryptocurrency, Binance

Through a series of short films, people will get a look into the personal journeys of these Binance users across regions including Asia, Africa, the Middle East, Europe, and Latin America.

Key Points: 
  • Through a series of short films, people will get a look into the personal journeys of these Binance users across regions including Asia, Africa, the Middle East, Europe, and Latin America.
  • Their real-life stories take people inside the unique ways in which they have leveraged the power of crypto and Web3.
  • "This series is part of our continuous effort to spotlight the use cases that define how Binance products and services support people today.
  • Billions of people are yet to explore this space and content series like this one help amplify the empowering nature of crypto for everyone."

HX5 Encrypted explain how a simple check can stop a $240 Billion money laundering scandal

Retrieved on: 
Monday, November 27, 2023
Crypto, Hamas, Crime, AAX (Atom Asset Exchange), Intelligence, Island, Danske Bank, Software, Cayman Islands, Tax haven, Al-Qaeda, ISIS, Cryptocurrency, Drug, Binance

Andy Parr, the company's, founder explains what checks HX5 do to stop money laundering.

Key Points: 
  • Andy Parr, the company's, founder explains what checks HX5 do to stop money laundering.
  • This is because while those places must adhere to international standards in place to stop money laundering, they rarely use them to do so.
  • The US regulators have eventually caught up with Binance and fined them over $4 billion for facilitating money laundering on an industrial scale globally.
  • The lax way Binance have implemented (or not dependent on your viewpoint) money laundering controls has been an issue for some time.

HX5 Encrypted explain how a simple check can stop a $240 Billion money laundering scandal

Retrieved on: 
Monday, November 27, 2023
Crypto, Hamas, Crime, AAX (Atom Asset Exchange), Intelligence, Island, Danske Bank, Software, Cayman Islands, Tax haven, Al-Qaeda, ISIS, Cryptocurrency, Drug, Binance

Andy Parr, the company's, founder explains what checks HX5 do to stop money laundering.

Key Points: 
  • Andy Parr, the company's, founder explains what checks HX5 do to stop money laundering.
  • This is because while those places must adhere to international standards in place to stop money laundering, they rarely use them to do so.
  • The US regulators have eventually caught up with Binance and fined them over $4 billion for facilitating money laundering on an industrial scale globally.
  • The lax way Binance have implemented (or not dependent on your viewpoint) money laundering controls has been an issue for some time.

Binance Validated 649 Product Suggestions in September and October 2023 to Enhance User Experience

Retrieved on: 
Tuesday, November 14, 2023
PNL, Asset, Blockchain, Ecosystem, Blog, User, GTD, Philosophy, Cryptocurrency, Binance

MANAMAN, Bahrain, Nov. 14, 2023 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is delighted to share that it has released multiple new and enhanced features across its product suite in September and October this year. These updates are part of Binance's broader commitment to deliver the best user experience on its platform.

Key Points: 
  • These updates are part of Binance's broader commitment to deliver the best user experience on its platform.
  • Clear presentation of information, simple navigation, and accessible, user-friendly interface are key considerations behind every product and service at Binance.
  • True to this mission, the product team at Binance reviewed and analyzed thousands of product suggestions submitted directly by users over two months through its Feature Request & Feedback Board .
  • 649 of these suggestions have been validated by the product team.

Binance Validated 649 Product Suggestions in September and October 2023 to Enhance User Experience

Retrieved on: 
Tuesday, November 14, 2023
PNL, Asset, Multimedia, Blockchain, Ecosystem, Blog, User, GTD, Philosophy, Cryptocurrency, Binance

MANAMAN, Bahrain, Nov. 14, 2023 /PRNewswire/ -- Binance, the global blockchain ecosystem behind the largest cryptocurrency exchange by trading volume, is delighted to share that it has released multiple new and enhanced features across its product suite in September and October this year. These updates are part of Binance's broader commitment to deliver the best user experience on its platform.

Key Points: 
  • These updates are part of Binance's broader commitment to deliver the best user experience on its platform.
  • Clear presentation of information, simple navigation, and accessible, user-friendly interface are key considerations behind every product and service at Binance.
  • True to this mission, the product team at Binance reviewed and analyzed thousands of product suggestions submitted directly by users over two months through its Feature Request & Feedback Board .
  • 649 of these suggestions have been validated by the product team.

CVTX Enters Dubai's DMCC, the Global Hub of Web3

Retrieved on: 
Thursday, November 9, 2023
Crypto, Binance, Multimedia, Blockchain, Financial Times, Ecosystem, Partnership, Growth, OTC, MENA, Environment, Drug, Metaverse, Jumeirah Lake Towers, DMCC

Notably, the DMCC Crypto Center, established to promote the growth of the blockchain and crypto industry, hosts over 1,000 top-tier global Web3 companies, including Binance and Bybit.

Key Points: 
  • Notably, the DMCC Crypto Center, established to promote the growth of the blockchain and crypto industry, hosts over 1,000 top-tier global Web3 companies, including Binance and Bybit.
  • Moreover, through a business agreement, DMCC is registered as an official partner of Carrieverse, the issuer of the virtual asset CVTX.
  • Carrieverse, through its collaboration with DMCC, now has the opportunity to build cooperative relationships with over 1,000 top-tier global Web3 companies located in DMCC, and it is expected to gain momentum in terms of global exchange listings.
  • As the first official partner of DMCC among Korean Web3 companies, Carrieverse is expected to grow into a global company in this environment."

CVTX Enters Dubai's DMCC, the Global Hub of Web3

Retrieved on: 
Thursday, November 9, 2023
Crypto, Binance, Blockchain, Financial Times, Ecosystem, Partnership, Growth, OTC, MENA, Environment, Drug, Metaverse, Jumeirah Lake Towers, DMCC

DMCC is a Dubai government agency established under the leadership of Chairman Ahmed, situated in the Jumeirah Lake Towers district of the city.

Key Points: 
  • DMCC is a Dubai government agency established under the leadership of Chairman Ahmed, situated in the Jumeirah Lake Towers district of the city.
  • Notably, the DMCC Crypto Center, established to promote the growth of the blockchain and crypto industry, hosts over 1,000 top-tier global Web3 companies, including Binance and Bybit.
  • Moreover, through a business agreement, DMCC is registered as an official partner of Carrieverse, the issuer of the virtual asset CVTX.
  • As the first official partner of DMCC among Korean Web3 companies, Carrieverse is expected to grow into a global company in this environment."