Binance
Coverage of Binance in the Nexus archive.
- Binance taps into Bitcoin holders’ hunger for yield with new covered call yield play
Binance has introduced a new covered call yield strategy targeting Bitcoin holders seeking higher returns. The initiative leverages Bitcoin's popularity and demand for yield-generating opportunities.
- Binance outflows triple to $1.2B as ETH withdrawals hit 3-year high
Binance experienced $1.23 billion in weekly net outflows, a 207% increase from the previous week, with Ethereum withdrawals reaching a three-year high.
- Binance says MiCA should be judged by who it licenses, not who it excludes
Binance argues that the EU's Market in Crypto-Assets (MiCA) regulation should be evaluated based on its licensing criteria rather than the entities it excludes. The exchange emphasizes the importance of focusing on inclusion and regulatory standards under MiCA.
- Anchorage Digital brings off-exchange settlement to Binance
Anchorage Digital has integrated off-exchange settlement with Binance. This addresses counterparty risk, a major obstacle for institutional capital in crypto markets.
- Nearly 1,700 UK investors sue Binance, founder CZ over alleged unauthorized derivatives sales
Nearly 1,700 UK investors are suing Binance and founder Changpeng Zhao in the London High Court over claims of unauthorized crypto derivatives sales. The lawsuit alleges that Binance engaged in unauthorized derivative trading activities.
- UK crypto investors sue Binance, Changpeng Zhao for $200M
UK crypto investors are suing Binance and Changpeng Zhao for $200M, citing financial losses from the exchange’s derivatives offerings. One investor reported losing over $132,000 before restrictions were imposed on Binance.
- Anchorage Digital and Binance Launch Off-Exchange Settlement for Institutional Crypto Trading
Anchorage Digital and Binance have launched off-exchange settlement for institutional crypto trading, allowing clients to access Binance's liquidity while maintaining asset custody at Anchorage Digital Bank. The partnership uses Anchorage Digital's Atlas platform to separate custody from execution, mirroring traditional financial market structures.
- UK investors sue Binance and founder Zhao Changpeng for US$200 million
UK investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million), alleging the sale of unauthorized risky derivative products like leveraged instruments without regulatory approval. Claimants say they suffered significant financial losses.
- UK investors sue Binance and founder Zhao Changpeng for US$200 million
Almost 1,700 British investors are suing Binance and founder Zhao Changpeng for at least £150 million (US$200 million), alleging the crypto trading platform sold them risky, complex derivative products without regulatory authorisation. The claimants allege Binance entities knowingly sold leveraged products, which can amplify gains or losses, and promoted them in breach of Financial Services regulations.
- ESMA MiCA warning puts Binance EU service changes under scrutiny
ESMA has warned that EU crypto clients must be served through a MiCA-authorized entity, prompting scrutiny of Binance's servicing model in the region following the MiCA deadline. Binance faces questions about its compliance with the new regulatory requirements.
- Crypto world rocked as new regulations push hundreds of platforms out of the European market, including giant Binance
New regulations in Europe have caused hundreds of crypto platforms to exit the market, including Binance. Changpeng Zhao, founder and former CEO of Binance, attended a conference in Hong Kong.
- Binance founder CZ says MiCA application was ‘fully compliant’ and near approval before political forces intervened
Binance founder CZ stated that the exchange's EU MiCA application was fully compliant and close to approval before political forces intervened. The application was reportedly near approval when unnamed political forces influenced the process.
- Binance booted from EU, EthLabs rises up to save Ethereum: Hodler's Digest June 14-28
Binance has ceased operations in Europe after failing to obtain a license, while EthLabs, a new nonprofit supported by BitMine and Joe Lubin, aims to drive Ethereum adoption.
- Binance posts over $400M in weekly net outflows as MiCA deadline nears
Binance experienced over $400 million in weekly net outflows as the EU MiCA transition deadline approaches. Early data shows no mass migration from Binance to competitors despite rival efforts to attract users.
- Coinbase and OKX try to lure in Binance’s EU users after it failed to secure a MiCA license
Coinbase and OKX are attempting to attract users from Binance in the European Union after Binance failed to obtain a MiCA license. The failure to secure the license has prompted competitors to target Binance's EU customer base.
- Binance founder CZ blames crypto's sour 2026 on mix of AI, global tension, 4-year cycle
Binance founder CZ attributes the poor performance of cryptocurrency in 2026 to a combination of artificial intelligence, global tensions, and a four-year market cycle. He highlights these factors as key contributors to the sector's challenges during that period.
- Spanish Regulator Says No Extensions for EU Crypto Deadline as Binance Remains Unlicensed
Spanish regulator confirms no extensions for EU crypto firms to obtain MiCA licenses by July 1, forcing unlicensed operations like Binance to cease activities. Firms failing to comply with the deadline will be required to stop operating in the EU.
- Binance tells EU users it will no longer provide services after failing to secure MiCA license
Binance will stop providing services to EU users after failing to obtain a MiCA license. The decision follows regulatory challenges in securing compliance with EU cryptocurrency regulations.
- Binance to stop providing services to European clients after failing to obtain license: Financial Times
Binance will stop providing services to European clients after failing to obtain a license under the European Union's Markets in Crypto-Assets Regulation. Crypto companies must secure a license by July 1 to avoid penalties.
- Binance to stop providing services to EU clients after failing to obtain licence
Binance, the world's largest crypto exchange, will cease providing services to EU clients after failing to secure a license under the MiCA regulations. The company is instructing customers on withdrawing funds as the MiCA rules are set to take effect.
- Binance faces EU service limits next week as MiCA rules take effect
Binance will limit EU onboarding and services starting July 1 under MiCA rules due to lack of authorization from a member state, with withdrawals remaining available.
- Binance co-CEO remains ‘committed’ to securing EU license after exchange withdraws Greece bid
Binance, the world's largest crypto exchange, has withdrawn its Greece license bid and is now focused on securing an EU license to operate. The exchange has one week to obtain the necessary authorization.
- Binance’s Yi He warns of alleged impersonation scam, CoinUp denies ties
Binance co-founder Yi He warns of an alleged impersonator named 'Zhu Pan' in Chinese-language posts, while CoinUp denies any association with the individual.
- EUR trading accounts for 1% of Binance spot volume, CryptoQuant says
Euro-denominated trading accounts for approximately 1% of Binance's spot volume, per CryptoQuant data. The exchange faces uncertainty ahead of the MiCA regulatory framework's July 1 deadline.
- Bitcoin tipped for $66K top as trader flags 'suspicious' BTC price gains
Bitcoin is pushing to reclaim $64,000 amid US-Iran tensions and selling pressure from Binance, despite a trader highlighting 'suspicious' price gains. The cryptocurrency's price movement faces challenges from geopolitical factors and exchange activity.
- Need Advice: Is This Crypto Recovery Service Legitimate or Another Scam?
A user previously scammed out of $37,000 through a fake crypto platform was contacted by a self-proclaimed recovery service. The service requested evidence, helped create a Binance wallet via a Telegram link, and claimed to recover 27,563 USDT with a pending transaction. The user is now suspicious after being asked to deposit their own funds to 'activate' the wallet, which they question as a potential scam tactic.
- Binance’s MiCA fight raises questions over ECB influence
Binance's legal challenge to MiCA regulations highlights uncertainty about the European Central Bank's role in the licensing process. Lawyers argue MiCA rules allow ECB communication with national regulators, but final licensing decisions rest with member states.
- Binance can serve Philippine traders under SEC framework, BlockShoals says
Binance can operate in the Philippines through an SEC sandbox arrangement that allows trading access without a local VASP license, according to BlockShoals.
- BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
BitGo has launched a MiCA-compliant crypto infrastructure platform in Europe as cryptocurrency exchanges face pressure to comply with EU licensing rules effective July 1. The move comes amid concerns over Binance's licensing status in the region.
- Binance says it considers EU license compliant amid reports of potential rejection
Binance states it considers its EU license compliant, warning that potential rejection could delay its activities in the region and weaken liquidity, presenting other risks.
- Binance Reportedly Faces European Union Exit as MiCA License Bid Nears Rejection
Binance, the world's largest cryptocurrency exchange, faces potential rejection of its MiCA license application in Greece, which could force it to exit the European Union market by July 1. The exchange claims compliance with MiCA standards but has not received formal denial from Greek regulators, while rivals like Coinbase and Kraken have already secured licenses under the new framework.
- Aurangzeb sees budget upside from US-Iran deal, but says 'way too premature' to revise projections
Pakistan's Finance Minister Muhammad Aurangzeb noted potential economic benefits for 2027 from the US-Iran conflict resolution but emphasized it is too early to revise budget projections. He highlighted damaged energy infrastructure delaying supply chain normalization and outlined plans to shift creditor profiles via commercial borrowing while maintaining an IMF-supported fiscal framework.
- Bybit, Binance, Bitget cancel tokenized SpaceX IPO allocations after share shortage
Bybit, Binance, and Bitget canceled tokenized SpaceX IPO allocations due to a share shortage. The exchanges are issuing full refunds and additional compensation to affected users.
- SpaceX tokenized IPO campaign draws $557M on Binance ahead of debut
SpaceX's tokenized IPO campaign raised $557M on Binance ahead of its June 12 debut. Crypto markets are being used for pre-IPO price discovery for the company's anticipated public offering.
- Philippines' central bank says Binance and its local partner lack licenses to operate
The Philippines' central bank has stated that Binance and its local partner do not have licenses to operate. This regulatory action highlights compliance issues for the cryptocurrency exchange in the country.
- OKX expands X-Perps in Europe with Magnificent 7, gold and oil futures
OKX is expanding its X-Perps product in Europe by introducing tokenized stock and commodity futures, including the Magnificent 7, gold, and oil. This move increases competition with other major exchanges like Coinbase, Kraken, and Binance in the regulated derivatives market.
- Active tokenized RWAs surge almost 600% despite crypto pullback: Binance
Active tokenized real-world assets (RWAs) have surged nearly 600% despite a crypto market downturn. Tokenized stocks, gold, and real estate are driving adoption as banks and institutions embrace blockchain-based assets.
- Trump Family’s Stablecoin Wealth Fueled by Binance Relationship
World Liberty Financial Inc., co-founded by US President Donald Trump and his sons, is projected to earn nearly $150 million this year from its dollar-pegged token USD1, launched in March 2025. The token's performance is linked to the company's relationship with Binance.
- Binance discloses revenue-sharing deal with Alpaca
Binance disclosed a revenue-sharing agreement with Alpaca through a legal document. The deal involves sharing 50% of the stock custodian’s order flow revenue with Binance.
- Binance to end NFT support on exchange, shift service to wallet
Binance exchange will move NFT support to its non-custodial wallet and is giving users 30 days to migrate their NFTs.