Nigeria plans to create a crypto-friendly free zone with Binance

Nigeria

The Nigerian government is in discussions with crypto exchange Binance regarding a potential crypto-friendly economic zone similar to Dubai’s virtual free zone.

On 2 September, the Nigeria Export Processing Zones Authority (NEPZA), announced that it had held preliminary meetings with Binance and tech infrastructure firm Talent City to talk over the proposed “first Virtual Free Zone in West Africa”.

The zone would focus on blockchain and the digital economy, making...

Binance exec deepfake fools ‘highly intelligent’ people

A deepfake of Binance Chief Communications Officer Patrick Hillmann is reportedly fooling “highly intelligent” people.

The attackers are using what Hillman describes as an “AI hologram” of himself to fool representatives of various projects that the CCO is helping them get listed on the exchange.

In a blog post last week, Hillmann revealed that he received several online messages from project teams thanking him for taking the time to meet with them. However, it...

Binance slapped with $3.3M fine by Dutch central bank

Cryptocurrency exchange Binance has been slapped with a $3.3 million fine by the central bank of the Netherlands.

The central bank, De Nederlandsche Bank (DNB), issued Binance Holdings with the fine after the exchange failed to gain regulatory approval to operate in the country.

Companies that want to offer crypto services in the Netherlands are obliged to register with the DNB under the Money Laundering and Terrorist Financing Prevention Act.

The fine for...

Vietnam Blockchain Association partners with Binance to drive innovation

The Vietnam Blockchain Association is collaborating with the world’s leading crypto exchange, Binance, on the exchange of research and application of blockchain technology in Vietnam.

Newly formed in May, the organisation will also cooperate with Binance on human resource training to promote blockchain and build bridges with other global technology corporations. The news was announced at the Vietnam NFT Summit 2022 on June 4.

With seven of the top 200 blockchain...

Binance unveils Refugee Crypto Card to support displaced Ukrainians

Ukraine

Binance, the world’s largest crypto exchange, has launched its Binance Refugee Crypto Card for Ukrainian Binance users who were forced to move to Europe due to the ongoing war with Russia.

The card has been created to allow displaced Ukrainians to conduct crypto transactions and complete purchases at card-accepting retailers in the European Economic Area (EEA).

Helen Hai, head of Binance Charity, said: "At such a difficult time for Ukraine, it's clear that...

Binance partners with CAF as Africa Cup of Nations’ blockchain sponsor

Binance Logo

Leading exchange Binance is sponsoring the 2021 TotalEnergies Africa Cup of Nations (AFCON), the largest international men’s football competition in Africa.

As part of an official partnership with the Confederation of African Football (CAF), Binance has taken the mantle of AFCON 2021’s exclusive cryptocurrency and blockchain sponsor.

The deal will involve Binance promoting CAF social media content, such as the assist of the day, assist of the week, and assist of the...

France FinTech launches €100m blockchain initiative funded by Binance

Binance Logo

France FinTech, a non-profit association that promotes financial technologies in France, has launched a €100 million (£85m) initiative to support the development of the French and European blockchain ecosystem.

The initiative, which is being fully funded by leading cryptocurrency exchange Binance, will see the development of a research and development hub in France, a decentralised ledger accelerator, and an online education programme.

The education programme is being...