Tag: Binance.US
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Binance US launches Ethereum staking 6% APY ahead of The Merge
High-reward Ethereum staking on Binance US On September 7, the U.S. subsidiary of the leading digital assets platform Binance made an announcement that it would launch low-barrier Ethereum staking with high rewards up to 6.0% APY. While direct staking on the Ethereum network requires 32 Ether (ETH), you only need 0.001 ETH when staking on […]
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Binance.US sued for misleading investors about Terra
Binance.US was indicted for misleading investors about the Terra blockchain ecosystem in a class-action lawsuit filed Monday in Northern California. Binance faces class-action lawsuit over Terra Now, more than 2,000 Terra investors say Binance’s misleading ads are the cause of their loss of money. In a class-action lawsuit filed on Monday in Northern California, the […]
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Binance.US recruits position as Head of Legal
Krishna Juvvadi, Uber’s former Head of Global Operations Compliance, has served as Head of Legal at Binance.US. Juvvadi previously served as Uber’s first legal adviser and attorney, helping the company secure favorable laws and registrations locally, stately and federally. This decision demonstrates the efforts of the parent company in strengthening the legal and compliance team of […]
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Binance.US team up to launch Chainabuse to reduce scams
Binance.US and six other major cryptocurrency companies — Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — have joined hands to launch a tool for the community to report scams. Launched on Wednesday, the tool, called Chainabuse, aims to allow cryptocurrency users to issue alerts and exchange about ongoing phishing activities such […]
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Transferring money in Puerto Rico
Binance currently offers cryptocurrency trading to both retail customers and businesses. However, it is required to comply with all federal and state laws, including “know your customers” (KYC), anti-money laundering and related regulations. Binance.US currently operates in 45 U.S. states and 7 territories through its own licenses and third-party licenses. The exchange launched in 2019 […]
