Users Store More Than $100B on Binance
The total value of assets held by clients on Binance has surpassed $100 billion.
Binance’s Assets Under Custody Exceed $100B
Despite facing actions from the US Department of Justice, Binance remains resilient with over $100 billion in assets under custody as of March 18.
Nigeria’s SEC Plans to Raise Registration Fee for Crypto Trading Platforms
The Securities and Exchange Commission of Nigeria (SEC) is proposing an amendment to its regulations that govern platforms offering cryptocurrency services.
OKX Obtains In-principle Approval in Singapore
OKX’s Singapore-based subsidiary has obtained preliminary approval for a payments license from the Monetary Authority of Singapore, the company announced on Wednesday.
Crypto Platforms Daily Trading Volume Approaches $100B
The average daily trading volume on centralized crypto exchanges has recently reached its highest point since November 2021.
Binance Drops Nigerian Naira Support
Due to a regulatory dispute in Nigeria, Binance has announced that it will be discontinuing all services using the country’s fiat currency, the naira.
FTX Warns Against Bids and Asset Sales
As the bankrupt FTX exchange works towards settling its debts, it has warned the public about a sole authorized investment manager responsible for selling digital assets mandated by the bankruptcy court.
