The world’s largest cryptocurrency exchange, Binance, has achieved a major milestone by obtaining a license to operate in Dubai as a regulated platform. The license, issued by Dubai’s Virtual Assets Regulatory Authority (VARA), permits Binance FZE, the company’s Dubai subsidiary, to...
In the midst of growing regulatory challenges faced by Binance and its CEO, Changpeng “CZ” Zhao, a recent report from The Information revealed that the crypto exchange considered shutting down its U.S. subsidiary. The hostility from regulators in the country compelled Zhao to explore...
Coinbase, a prominent cryptocurrency exchange, is considering the integration of Bitcoin’s Lightning Network to enable expedited cryptocurrency payments. The exchange’s CEO, Brian Armstrong, expressed his support for efforts to implement Lightning Network for faster and more...