The Central Bank of Nigeria (CBN), which published legislation to regulate the activities of digital asset providers many months ago, has instructed its telecom carriers to restrict access to websites related to cryptocurrencies, including well-known sites like Binance, OctaFX, and Coinbase. This action is a reaction to the CBN’s December 2023 decision to revoke its…
The charity arm of cryptocurrency and blockchain infrastructure provider Binance, Binance Charity, has teamed with Utiva, an organization that provides technical education for young people in Africa. Through the new cooperation, 50,000 young people will receive technology education, and 1,000 Africans will receive scholarships for a one-year intensive skill training program. This educational program will…
Binance, a leading blockchain ecosystem and cryptocurrency infrastructure provider, has launched a crypto education tour in five French-speaking African countries as part of its mission to drive blockchain adoption and increase financial accessibility in the region. Participants in the meet-ups learn the fundamentals of blockchain, discover how others are using crypto in their daily lives,…
Nigeria and the Binance cryptocurrency exchange are working together to create a special economic zone that would be supported by the crypto industry. According to a recent CoinGecko survey, Nigeria was found to be the country with the highest level of crypto curiosity, which may have piqued Binance’s interest in the possibility of growing the…
Women in Tech and Binance Charity, the philanthropic arm of the world’s largest cryptocurrency exchange and blockchain infrastructure provider, Binance, respectively, today announced a landmark global partnership to educate 2,800 women from marginalized communities in Brazil and Africa about blockchain technology. The first courses will be held in Rio de Janeiro, Brazil, and Cape Town,…
On Wednesday, Binance, one of the top blockchain ecosystems in the world and a prominent provider of cryptocurrency infrastructure, announced the opening of a crypto teaching center in Yaoundé, Cameroon. The center will collaborate with non-profit digital hub Inoni tech to offer resources and training to young people throughout Francophone Africa. The hub will be…
Hannes Wessels has been named as Binance’s Country Head for South Africa. Binance is one of the top global providers of blockchain and cryptocurrency infrastructure. The company claims that the new hire will advance its goals of expanding its business operations in the area. According to Finder, South Africa’s adoption rate for cryptocurrencies and the…
Binance, the world’s leading blockchain ecosystem and cryptocurrency infrastructure provider, is commemorating its fifth anniversary by waiving trading fees across a wide range of bitcoin spot trading pairs. From July 8, users will be able to trade fee-free on thirteen stablecoins and fiat combinations, including BTC/USDT, BTC/BUSD, BTC/USDC, BTC/EUR, BTC/TRY, and more, according to a…
Binance, a major cryptocurrency exchange, will invest $200 million in Forbes, the media company announced on Thursday, as it prepares to go public through a special purpose acquisition company (SPAC). Binance’s investment will replace half of the $400 million in private placement commitments already announced by Forbes and SPAC company Magnum Opus Acquisition Limited. Forbes…
Binance, the world’s largest cryptocurrency exchange, has restricted the accounts of 281 Nigerian customers. Changpeng Zhao, the company’s CEO, cited the need to comply with international money laundering regulations in order to ensure the platform’s security for traders. Changpeng Zhao stated in a letter to Nigerian customers on January 29 that the decision to block…
Binance, a cryptocurrency exchange, announced an agreement with the Dubai World Trade Centre Authority to establish an international virtual asset ecosystem. Binance, the world’s largest cryptocurrency exchange by trading volume, stated in a statement that it intended to assist Dubai in developing virtual asset regulations. The Dubai World Trade Centre (DWTC) announced that it will…