A leading global cryptocurrency exchange that provides a platform for trading various cryptocurrencies and is actively involved in compliance efforts in Africa.
Binance Scales Its Card Offering to Enhance Everyday Payment Utility
Binance Card scaling into Africa to enhance crypto payment solutions. Users can spend directly from their crypto balances, simplifying transactions.
Why Nigerian crypto startups are expanding beyond retail trading
Nigerian crypto startups are struggling with margin compression due to increased competition. Peer-to-peer trading became essential after the Central Bank of Nigeria barred banks from servicing crypto transactions.
Kenyan authorities freeze some Binance accounts in widening crackdown
Kenya's DCI has frozen Binance user accounts amid a crackdown on crypto fraud and money laundering. Users reported being locked out of their accounts with little explanation from Binance.
Binance Adds New Features to ‘Binance Junior’ to Boost Family Crypto Savings and Learning
Binance is expanding its Binance Junior platform to target Gen Alpha and Gen Z. The platform now includes Red Packet gifting, allowing relatives to send crypto gifts.
Nigeria’s ₦2 billion capital requirement puts crypto exchanges at a crossroads
The SEC has raised the minimum capital requirement for digital asset exchanges to ₦2 billion. The SEC has implemented licensing frameworks for virtual asset service providers (VASPs).
